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Buy PXJ
$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Natural Gas and Oil Forecast: US Inventories Drop, NG at $2.4, Oil at $79
01:38am, Thursday, 16'th May 2024
US oil inventories fell by 2.5 million barrels, pushing NG prices to $2.4 and oil to $79 amid rising demand.
Oil prices rise on moderate US inflation data, strong demand
08:38pm, Wednesday, 15'th May 2024
Oil prices extended gains from the previous session on Thursday on signs of stronger demand in the U.S. where data showed slower inflation than markets expected, strengthening the argument for an inte
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rebounds Towards $79.00 As Crude Inventories Decline
02:33pm, Wednesday, 15'th May 2024
Falling Treasury yields provided additional support to oil markets.
Wildfire has moved closer to Canadian oil city, says local authority
11:21am, Wednesday, 15'th May 2024
A large wildfire threatening the major Canadian oil sands city of Fort McMurray moved closer overnight and weather conditions are unfavorable, the local authority said on Wednesday.
Crude Inventories Declined By 2.5 Million Barrels, More Than Expected
10:49am, Wednesday, 15'th May 2024
Gasoline inventories decreased by 0.2 million barrels.
Crude Oil Price Forecast – Crude Oil Continues to Grind a Bit Lower
10:01am, Wednesday, 15'th May 2024
The crude oil markets have been very sluggish as of late, and therefore I think you have to look at this point, as a spot where we could have a lot of action enter the fray.
Oil prices slip as International Energy Agency cuts demand growth forecast
08:26am, Wednesday, 15'th May 2024
World oil demand is forecast to grow by 1.1 million barrels per day this year, down 140,000 bpd from last month's projection.
Colombia oil output closing in on 800,000 bpd, regulator head says
07:53am, Wednesday, 15'th May 2024
Colombia's average daily oil output is closing in on 800,000 barrels per day (bpd) even as the Andean country increasingly looks to boost renewable energies, the president of the National Hydrocarbons
Iraq is committed to OPEC's oil output cuts, minister says
08:47am, Sunday, 12'th May 2024
Iraq is committed to voluntary oil production cuts agreed by the Organization of the Petroleum Exporting Countries (OPEC) and is keen to cooperate with member countries on efforts to achieve more stab
Niger PM says Benin's oil export blockade violates accords
08:11am, Sunday, 12'th May 2024
Niger's Prime Minister Ali Mahaman Lamine Zeine said on Saturday that Benin's blockade of Niger's oil exports, imposed in response to a border closure, violated trade agreements between the two countr
What's So Bad About Fixing Oil Prices?
07:00am, Sunday, 12'th May 2024
A U.S. oil CEO's alleged collusion with OPEC isn't as alarming or evil as it seems.
Chinese companies win more bids to explore for Iraq oil and gas
04:48am, Sunday, 12'th May 2024
Chinese companies ZhenHua and CNOOC Iraq have won bids to explore Iraqi oil and gas fields, Iraq's oil minister said as the Middle East country's hydrocarbon exploration licensing round continued into
Iraq won't agree to future OPEC+ oil production cuts, oil minister says
01:31pm, Saturday, 11'th May 2024
Iraq's oil minister said that Iraq has made enough voluntary oil production cuts and will not agree to any future cuts taken by the Organization of the Petroleum Exporting Countries and allies includi
Crude Oil News Today: How Will U.S. Inflation Data Impact Oil Markets?
05:11am, Saturday, 11'th May 2024
Investors should closely watch U.S. inflation data and global events, as they will significantly influence crude oil trends in the coming weeks.
Iraq launches oil and gas licensing round for 29 projects
04:17am, Saturday, 11'th May 2024
Iraq is holding an oil and gas licensing round for 29 projects in a bid to develop its huge gas reservoirs to help power the country and lure billions of dollars in investments.
