NYSEARCA:PXJ

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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Shrinking U.S. inventories, geopolitical risks, and anticipated strong summer demand create a supportive environment for crude oil prices.
Natural gas prices dropped to $2.442, down 0.81%, raising questions about a potential bullish reversal amidst inventory drawdowns and Middle East tensions

Hurricane Beryl: How Is it Affecting Oil Markets?

02:12am, Wednesday, 03'rd Jul 2024
Hurricane Beryl has devastated several islands in the eastern Caribbean, but it is forecast to lose some strength before it reaches Jamaica. It will likely still be a major storm, with winds in excess

Oil prices inch up on large US crude stock draw

09:13pm, Tuesday, 02'nd Jul 2024
Oil prices edged higher in early Asian trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, boosting hopes of solid fuel demand during the summer driving
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A surprise build in U.S. crude oil and gasoline inventories disappointed bulls who were hoping for signs of an uptick in demand. But tensions between Israel and Iran-backed militia Hezbollah are provi
TotalEnergies has agreed to sell its entire interest in its West of Shetland gas fields to The Prax Group, a private UK company. It comprises the Laggan, Tormore, Glenlivet, Edradour, and Glendronach
Oil futures edged higher Thursday, shaking off concerns about summer gasoline demand in the U.S. as investors kept an eye on tensions in the Middle East that could threaten crude supplies from the reg
President Joe Biden has made efforts to appease American consumers and climate activists alike, leading to what some have referred to as “nuanced” energy policies that have also helped the U.S. be
Weak demand and high inventories weigh on crude oil prices, but Middle East tensions offer support due to potential supply risks.
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) is looking forward to an exciting period as the company continues to make progress in the unlocking of the next prolific onshore US oil and gas play, that's a
BP PLC's (LSE:BP.) new CEO, Murray Auchincloss, has implemented a hiring freeze and paused new offshore wind projects to focus more on oil and gas amid investor concerns over the company's energy tra
With WTI poised to trade bullish, the upward trendline support near $80.20 indicates potential for further gains in oil prices.
The energy sector tends to zig when Apple and its brethren zag, making it an ideal hedge for weakness in IT.
Oil prices slid in early Asian trade on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the top oil consumer, though worries a potential expansion of the Gaza war
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