NYSEARCA:PXJ

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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Crude oil markets have been all over the place over the last couple of days, as we continue to bounce around in a well-defined consolidation region.

UNICEF: Fossil fuels must be phased out

11:37am, Friday, 01'st Dec 2023
"The only acceptable role that fossil fuel industries have is to phase out fossil fuels" Vanessa Nakate, the UNICEF goodwill ambassador, says #africa needs green energy investment to lift communities
The price of WTI and Brent crude fell despite another production cut from OPEC. The cut was expected and helps keep the oil market in a tight balance, so this looks like a buy-the-rumor-sell-the-news
While OPEC's latest cut failed to buy oil prices, there is a significant opportunity to be had for investors who are willing. We suggest buying stocks like SU, EOG and MUR.
Vietnam's Prime Minister Pham Minh Chinh said on Friday that his country has forged a plan with G7 governments and lenders for how it would use an agreed multi-billion dollar cash injection to reduce

U.S. Oil Land Grab Continues

09:03am, Friday, 01'st Dec 2023
Occidental's talks with CrownRock will make the few remaining large parcels in the Permian basin pricey.
Oil prices exhibit stabilization following OPEC+'s production cuts, with Brent crude and WTI futures experiencing modest increases amid market skepticism.
Some of the world's biggest charities have joined forces with the World Bank's private investment arm in a climate financing venture to try to generate $11 billion in investments in developing countri
Oil futures rose Friday, attempting to find their footing and on track for weekly gains, after slumping the previous session after the outcome of an eagerly awaited OPEC+ meeting left traders unconvin
COP28 will not seriously address the problem of energy poverty, because it requires either expensive renewables or 'bad' fossil fuels.
OPEC+'s latest strategy, impacting crude oil futures, seeks to adjust supply in response to 2024's economic outlook.
Oil prices fell in early Asian trade on Friday, extended losses after OPEC+ producers agreed to voluntary oil output cuts for the first quarter next year that fell short of market expectations.
Paul Sankey, Sankey Research, joins 'Fast Money' to talk today's OPEC+ meeting, what's ahead for the energy markets and more.
OPEC+ announced Thursday that it is deepening oil production cuts, but crude prices actually dropped amid investor skepticism over the supply curb.
A skeptical crude oil market was seeking another 'Saudi Lollipop' but got treated to an unedifying OPEC+ fudge instead as the group offered 2.2 mbpd in voluntary cuts.
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