NYSEARCA:PXJ

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$41.89
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At Close: Jun 05, 2026

Oil prices fall on demand concerns, strong dollar

09:31pm, Thursday, 19'th Dec 2024
Oil prices fell in early trading on Friday on worries about demand growth in 2025, especially in top crude importer China, putting global oil benchmarks on track to end the week down more than 2%.
Oil prices fell in early Asian trade on a stronger dollar and a tepid demand outlook in China.
Crude oil struggles to retain breakout momentum, consolidating near key MAs. Volatility looms as price tests pivotal levels, including 71.41 resistance.
Strong U.S. dollar puts additional pressure on oil markets.
The crude oil markets have found buyers on Thursday, as the market continues to make an argument for a turnaround in the trend. However, we are looking at the holiday season coming, and therefore it i

Oil prices edge lower after Fed rattles markets

07:36am, Thursday, 19'th Dec 2024
Oil futures edged lower Thursday, struggling for support a day after the Federal Reserve signaled it would go much slower in cutting interest rates next year.
Bearish crude oil outlook: Fed's rate stance and rising bond yields strengthen the dollar, pressuring demand and key technical support at $68.69.
Oil prices look set to end the year lower as demand weakness, particularly from China, prevails — but 2025 may bring an even steeper loss, with the possibility of a drop below $50 a barrel if the ma
OPEC+ cuts aim to stabilize 2025 markets amid weak global demand and uncertain economic growth projections.
Oil prices fell in early trading on Thursday after the U.S. Federal Reserve signalled that it would slow the pace of interest rate cuts in 2025, potentially impacting fuel demand.
Oil dropped in early Asian trade amid weak sentiment. Crude oil will likely see some volatility amid uncertainty surrounding U.S. political developments and new European sanctions targeting Russian oi
Rising U.S. gasoline inventories did not put pressure on oil markets.

U.S. Crude Oil Stocks Fall Less Than Expected

11:20am, Wednesday, 18'th Dec 2024
U.S. crude-oil inventories fell for a fourth consecutive week, but the decline was smaller than analysts had forecast.
The crude oil market continues to see a bit of buying in the early hours of Wednesday, as we continue to see a lot of consolidation, as the market is trying to find some kind of floor for a move early
Oil futures rose modestly early Wednesday, attempting to bounce after back-to-back losses as traders awaited an expected rate cut by the Federal Reserve and official data on crude and product inventor
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