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Buy PXJ
$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil prices edge higher on OPEC demand estimate, while cold hits U.S. output
08:41pm, Wednesday, 17'th Jan 2024
Oil prices edged higher on Thursday as OPEC forecast relatively strong growth in global oil demand over the next two years and a cold blast in the U.S. disrupted some oil production.
Stocks Quiet As Focus Remains On Interest Rates And Oil
09:16am, Wednesday, 17'th Jan 2024
Stocks were relatively flat on Tuesday, following a three-day weekend. The S&P 500 fell less than 0.5% and the Nasdaq Composite was off around 0.2%. With little in the way of economic data and the hea
Crude Oil Price Forecast – Crude Oil Markets Continue to Drift Aimlessly
09:04am, Wednesday, 17'th Jan 2024
The crude oil market pulled back just a bit during the trading session on Wednesday, but still sees plenty of support just below that a lot of people will be paying close attention to as we continue t
Natural Gas and Oil Analysis: Yemen Conflict and Suez Disruptions Shake Markets
07:05am, Wednesday, 17'th Jan 2024
Amid escalating tensions in the Middle East, Natural Gas and Oil prices witness a significant downturn, reflecting global market sensitivities.
Saudi oil price cut driven by weak market, not policy shift
07:02am, Wednesday, 17'th Jan 2024
Saudi Arabia's cut in official crude oil selling prices to Asia reflects weaker fundamentals of supply and demand, and does not imply a looming shift in OPEC+ policy or a fight for market share, analy
Oil falls as strong dollar outweighs worries over Middle East
06:36am, Wednesday, 17'th Jan 2024
Oil futures fell early Wednesday, feeling pressure as the U.S. dollar held near a one-month high and traders continued to play down worries over the potential for a wider conflict in the Middle East t
Exclusive: Aramco CEO predicts tighter oil markets, sees Red Sea risks
03:45am, Wednesday, 17'th Jan 2024
Global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the Houthis on ships would lead to a shortage of tankers due to longer voyages and a supply delay,
Oil Prices Forecast: Bearish Outlook Amid China's Growth Woes, Dollar's Surge
02:15am, Wednesday, 17'th Jan 2024
China's growth miss dampens crude oil outlook; Stronger US Dollar raises oil costs for non-dollar holders also weighing on demand.
Oil prices fall as stronger dollar offsets Red Sea disruptions risks
09:27pm, Tuesday, 16'th Jan 2024
Oil prices fell on Wednesday as a stronger U.S. dollar limited demand for greenback-denominated crude, though the rising risks of supply disruptions amid the intensifying conflict in the Red Sea curbe
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Demand Concerns
02:12pm, Tuesday, 16'th Jan 2024
Oil traders focus on China's economic problems and rising Treasury yields.
Oil Prices Rise Amid Violent Attacks In Red Sea: Will Gas Prices Increase As A Result?
01:18pm, Tuesday, 16'th Jan 2024
Oil prices have shot up in the first two weeks of 2024 as a series of missile and drone strikes in the Red Sea throw a curveball in the international oil market, though analysts are skeptical the rise
Why Oil Prices Ignore Houthis' Attacks?
12:31pm, Tuesday, 16'th Jan 2024
A series of attacks on vessels in Red Sea did not provide any support to oil prices.
Crude Oil Price Forecast – Crude Oil Markets Continue to Consolidate
09:27am, Tuesday, 16'th Jan 2024
Crude oil markets rallied a bit during the trading session on Tuesday, as we continue to see a little bit of consolidation and what could be an accumulation phase.
Oil prices rise as Middle East tensions continue
06:51am, Tuesday, 16'th Jan 2024
Oil futures rose Tuesday as U.S. traders returned from a three-day weekend, monitoring continued tensions in the Middle East that has disrupted tanker traffic and poses a threat to crude supplies from
Oil Prices Forecast: Production Slump, Stronger US Dollar Impacting Crude.
01:53am, Tuesday, 16'th Jan 2024
The outlook for crude oil prices centers on geopolitics, a weather-driven production decline and the significant role played by a robust US Dollar.
