NYSEARCA:PXJ

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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
The crude oil market rallied a bit in the early hours of Tuesday, as the price continues to rise. At this point, both grades that we follow are pressing against significant resistance.
The U.S. crude oil benchmark eased a touch as an expected attack by Iran on Israel has not materialized. Concerns about the strength of global oil demand are also weighing on the market.
Oil futures were flat to slightly lower early Tuesday, consolidating after a five-day winning streak tied in part to fears of a more direct conflict between Israel and Iran that could threaten crude s
Amrita Sen, founder and director of research at Energy Aspects, says, “we do not expect outright supply losses from these escalating tensions,” as she discusses the potential market impact of geop
Middle East tensions and OPEC's cautious demand forecast keep crude oil prices supported, with potential supply disruptions looming.
OPEC vs. IEA: Diverging 2024 oil demand forecasts spark market uncertainty, with OPEC's bullish outlook clashing with the IEA's cautious projections.
Concern remains about a wider conflict in the Middle East, where some of the world's biggest crude producers are based.
Middle East tensions and OPEC's revised demand forecast for 2024 could spark volatility in oil and natural gas prices, reshaping the energy market landscape.
Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expe
WTI oil prices soar above $77 as escalating Iranian tensions raise concerns over potential supply disruptions in the Middle East.
Oil prices were little changed in early Asian trading on Monday, holding on to most of last week's more than 3% gains, supported by geopolitical tensions and better economic data.
Crude oil on track for further gains with tightening supply and bullish economic indicators. Can upcoming CPI data push prices to new highs?
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining more than 50 points on Friday.
Oil markets continue to rebound, supported by geopolitical tensions and the recent U.S. job market report.

Watching crude oil's recovery

12:28pm, Friday, 09'th Aug 2024
Amrita Sen, Energy Aspects founder and director of research, joins 'Money Movers' to discuss what the moves in crude oil are signaling, how much energy markets are tracking tensions in the Middle East
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