NYSEARCA:PXJ

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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil traders decided to take some profits off the table ahead of the weekend.
The likelihood of direct conflict between Iran and Israel is "quite likely," according to Galimberti, and markets are beginning to factor this risk into prices, anticipating "a big supply disruption"
Exxon Mobil (XOM, Financial) is set to report its Q3 results in late October, highlighting the impact of declining oil prices and weaker refining margins on its earnings. The company anticipates a hit
Helima Croft, RBC global head of commodity strategy, joins 'Squawk on the Street' to discuss the impact of an Israeli attack on Iranian oil facilities, where Iran's oil exports are going, and much mor
Daan Struyven, Goldman Sachs' head of oil research, discusses the conditions in which that might happen.
Analysts have identified Iran's Gulf Star refinery and Kharg Island export terminal as potential high-impact targets amidst heightened Middle East tensions. Recent updates suggest Iran has evacuated a
The effects of Middle East turmoil are small so far, but could spike if Israel targets Iran's oil facilities, Patti Domm writes in a guest commentary.
The crude oil market bounced a bit during the week, as the market continues to bounce back and forth in a well-defined range that we have seen over the last two years. With this, I suspect this is a m
Despite geopolitical tensions, the market remains resilient due to strong fundamentals and the resolution of the dockworkers' strike with a 62% pay increase. The 8% rise in crude oil prices is a conce
The crude oil market rallied again in the early hours of Friday, as we continue to see a lot of pressure to the upside, and reaction to the increasingly dangerous situation in the Middle East. At this
Though oil prices have surged this week on geopolitical tensions, they have risen from a low baseline.
Oil prices up 8% for the week amid Middle East tensions and supply uncertainties, keeping traders on edge.
Oil prices could shoot up $20 per barrel if Iranian production sees a hit resulting from Israeli retaliation, said Goldman Sachs.  Iran, which is a member of OPEC, is a key player in the global oil m
SEB's chief commodity analyst, Bjarne Schieldrop, indicated that if the Middle East tensions escalate, causing a significant drop in Iranian oil output, oil prices could soar past $200 per barrel. Ira
Mark Zandi, Chief Economist at Moody's Analytics, says a surge in oil prices driven by tensions in the Middle East could pose a serious threat to the US & global economy, presenting a real conundrum t
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