NYSEARCA:PXJ

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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil prices are rising after selling off steeply on waning geopolitical risk in the Middle East. Traders were relived Monday after Israel's long anticipated retaliatory strikes on Iran Friday spared th
Oil futures bounced modestly Tuesday, finding support after the Energy Department said it was seeking to buy 3 million barrels of crude to help replenish the Strategic Petroleum Reserve.
Oil rebounds on possible U.S. SPR buy, yet weak demand and high inventories keep bearish outlook. Key price levels and election risks loom for crude traders.
Jim Burkhard from S&P Global Commodity Insights discusses the impact of the upcoming US elections on oil flows.
Faisal Hasan, chief investment officer and head of asset management at Al Mal Capital, says markets might see a short-term rally after the U.S. election results.
British oil giant BP posts $2.3 billion in third-quarter profit, beating expectations
With the U.S. buying 3M barrels for reserves, oil prices see support; however, global demand fears loom large.
The oil and natural gas prices continue to drop due to weaker demand and show bearish price action.
Oil prices edged up on Tuesday, after a sharp plunge in the previous session, as a U.S. plan to purchase oil for the Strategic Petroleum Reserve provided support while investors remained focused on de

Oil Gains Amid Middle East Tensions

08:45pm, Monday, 28'th Oct 2024
Oil rose in early Asian trade, after falling recently as Israel steered clear of Iran's oil and nuclear facilities in attacks over the weekend.
Major U.S. equities indexes pushed higher on the first day of the new trading week as the markets brace for a slew of earnings reports. Big tech will likely be in focus, with five of the so-called "Ma
The intensity of oil's drop Monday showed that many traders were not prepared for what has been described as a “limited” retaliatory attack by Israel against Iran that came nearly four weeks after

Crude Oil Walloped, Bitcoin Breakout Imminent?

04:15pm, Monday, 28'th Oct 2024
Scott Bauer (@ProsperTradingAcademy) says supply and demand for crude oil is way out of balance. He's taking a nimble approach to tip-toeing back into the energy commodity space, while eyeing a potent
Israel avoided direct attacks on Iranian energy assets. Crude prices are falling.
Traders sell oil contracts as Israel did not target Iran's oil infrastructure.
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