NYSEARCA:PXJ

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At Close: Jun 04, 2026
Oil prices face weekly loss amid demand concerns, with U.S. data showing high inventories while Saudi Arabia considers extended output cuts.
Oil prices were on track for the fourth straight week of decline as they remained little changed in early Asian trade after slipping about 5% to a four month-low on Thursday on worries over global dem
Crude oil prices slip below $80 on Thursday. What international factors are allowing oil prices to slip lower?
The oil market is slipping into a state known as contango. And while that may sound and perhaps even vaguely dance-inspiring, history suggests the shift isn't a positive sign for crude prices.

Oil prices settle at their lowest since July

02:43pm, Thursday, 16'th Nov 2023
Oil futures fell by nearly 5% on Thursday as concerns over a potential slowdown in energy demand following downbeat U.S. economic data contributed to a drop in prices to their lowest settlement since
Spot global crude oil futures traded at a discount to longer-dated contracts this week for the first time in four months, a signal that traders believe the market has become oversupplied and inventori
The U.S. on Thursday extended through May 16 a license allowing four oilfield service firms to maintain their current assets in Venezuela, while restricting what services they can perform in the count
Rising U.S. crude inventories served as an additional bearish catalyst for the oil markets.
Oil prices plummeted on Thursday as traders took in higher US inventories and waning demand in China. The US crude inventories jumped by 3.6 million barrels last week, the EIA said Wednesday.
The crude oil market fell slightly during the opening hours on Thursday, but also has shown a bit of resiliency.
Oil futures edged lower early Thursday, feeling continued pressure after data released during the previous session showed a sharp rise in U.S. crude inventories over the past two weeks.
Brent and WTI crude prices fall due to increased U.S. supply and uncertain demand from China.
Oil prices dropped on Thursday, extending losses from the previous session, as signals of higher supply from the United States met worries about lackluster energy demand from Asia.

Oil Stock Could Head Back Toward Highs

03:25pm, Wednesday, 15'th Nov 2023
Oil name EQT Corp (EQT) pulled back after its recent Nov. 3 one-year high of $45.23, though support at the $39 level captured the dip.

U.S. oil prices mark first loss in 5 sessions

02:50pm, Wednesday, 15'th Nov 2023
U.S. oil futures settled lower on Wednesday for the first time in five sessions after the Energy Information Administration reported a more than 17 million-barrel climb in U.S. commercial crude invent
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