NYSEARCA:PXJ

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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Natural gas is moving away from session highs as traders react to the EIA report.
U.S. crude oil inventories fell for a seventh consecutive week, while product stocks saw large builds last week as refineries increased their capacity use.
The crude oil market continues to see a lot of noise as the market is in the midst of breaking higher. This is a market that in the middle of a potential trend change, as energy demand seems to be pic
Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in U.S. crude stocks.

Exxon warns lower oil prices will eat into profit

08:12am, Wednesday, 08'th Jan 2025
Exxon Mobil Corp (NYSE:XOM, ETR:XONA) has warned the likes of lower oil prices and wider weakness will eat into profit over the fourth quarter. Profit was on course to drop by around US$1.75 billion a
Exxon Mobil Corp.'s stock fell 0.5% early Wednesday, after the oil giant said lower oil prices and pressure on refining margins would weigh on fourth-quarter earnings.
Oil futures were flat to slightly higher Wednesday, with investors awaiting official data on U.S. inventories after an industry report was said to show a large drop in crude stocks but significant inc
OPEC supply cuts and bullish crude demand push prices toward $77.36. Traders eye EIA report for signals on inventory drawdowns and short-term price action.
Crude nears $75 amid inventory drops and tightening global supplies. Can bullish trends sustain in a volatile market?

How will Trump reverse Biden's anti-oil agenda?

01:00am, Wednesday, 08'th Jan 2025
'The Bottom Line' panelists Liz Peek and Steve Moore discuss President-elect Donald Trump's plans to reverse President Biden's energy policies.
Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an unexpected increase in U.S. jobs openings pointed to expanding economic activity and consequent g
Carole Nakhle, founder and director of Crystol Energy, examines oil market volatility as U.S. President Joe Biden moves to ban offshore oil and gas drilling ahead of President-elect Donald Trump's ina
Oil rose in the early Asian session amid expectations of tightening supply from Russia and Iran due to Western sanctions, Exness' Maria Agustina Patti said.
Crude oil builds bullish momentum, challenging resistance near 76.47 as strong demand drives prices higher, but resistance at the 200-Day MA may limit gains.
According to recent reports, several China ports blacklisted U.S. – sanctioned vessels, which is bullish for oil.
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