NYSEARCA:PXJ

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$41.14
-0.86 (-2.05%)
At Close: Jun 17, 2026
U.S. West Texas Intermediate ​crude rose 41 cents ‌or 0.43% on open to $105.50 a barrel, ​after a ​prior intraday Thursday high of $110.93 ⁠a barrel ​after uncertainty on the ​direction
Crude oil shows short-term exhaustion after a strong rebound, with Fibonacci resistance and key moving averages suggesting vulnerability unless support levels hold firm.
Global oil prices topped $125 a barrel this week — their highest in almost four years
Oil markets are moving lower despite lack of progress in U.S. – Iran negotiations.
The buffer that the oil market has relied on following disruptions to exports in the Middle East could start to buckle as soon as early June, according to strategists at J.P. Morgan.
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
A U.S. naval blockade of Iranian ports has shrunk Tehran's oil exports, stranding ​a growing stockpile of crude on tankers as Iranian storage sites run out of space, shipping data showed ‌and anal
S&P 500 futures rebound as lower oil and strong earnings lift US stocks, with indices nearing breakout levels as traders watch key resistance.
The crude oil markets gave back some of their gains early on Thursday, as we were far too overextended. At this point, the range in these markets continues to be extremely wide.
Global oil prices jumped to a four-year high of more than $126 a barrel on ​Thursday on concerns that the U.S.-Iran war could worsen and lead to a protracted Middle East supply disruption that could
Analysts have increased their oil price forecasts for the second time since the Iran war began at the end of February as they ​factor in the prospect of prolonged energy market disruption, a Reuters
The United States is pressing ahead with plans for an international ​coalition to open the Strait of Hormuz, according to a State Department cable seen by Reuters, as oil prices surge on fears of le

Oil hits 4-year high on Iran escalation fears

05:50am, Thursday, 30'th Apr 2026
CNBC's Dan Murphy reports as oil hits a four-year high amid rising geopolitical tensions.
The Strait of Hormuz crisis has drained 850M barrels, pushing WTI to $107 and Brent eyeing $115, while Natural Gas bears target $2.46.
Front-month international crude prices hit a wartime high as investors worry that the U.S. could restart its attacks on Iran.
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