NYSEARCA:PXJ

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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil edged higher in the early morning Asian session after Israeli forces killed Hamas leader Yahya Sinwar, the architect of last year's Oct. 7 attack, officials said.
Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a
Crude oil hit a new low of 69.86, nearing key support, with potential for a bullish reversal if it climbs above Thursday's high of 71.53.
Oil markets are trying to stabilize after the recent pullback.

U.S. Crude Oil Stockpiles Fall Unexpectedly

11:33am, Thursday, 17'th Oct 2024
U.S. crude oil inventories fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record level.
Domestic oil production increased from 13.4 million bpd to 13.5 million bpd.
The crude oil market continues to find a bit of support at this point in time, as the market has recently fallen drastically, and now it looks as if we are trying to find our footing. This is a situat
Crude futures appeared to stabilize on Thursday, trading modestly higher after sliding for four sessions. But skepticism surrounding the latest stimulus measures announced by China overnight helped ke
Although Israel has held back from retaliating against Iran so far, the situation "could change at a moment's notice," according to Rystad Energy.
Crude oil futures hover near key support as traders await EIA report; OPEC cuts 2024 demand forecast amid rising non-OPEC production.
Geopolitical tensions and falling U.S. inventories drive a potential bullish shift in energy prices amid market uncertainty.
Baytex has met expectations operationally, and is on track to meet its full-year guidance. Baytex's heavy oil production grew 8% quarter-over-quarter. WCS differentials have ended up slightly wider th
Crude oil and natural gas prices remain under pressure, while the U.S. dollar index continues to trade higher on safe-haven demand.
Aldo Spanjer, senior commodities desk strategist at BNP Paribas Markets 360, discusses oil prices amid conflict in the Middle East and weakening demand from China.
Oil prices rose in early Asian trade on Thursday, paring sharp losses over the past two sessions, after industry data showed an unexpected drop in U.S. crude stockpiles last week.
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