NYSEARCA:PXJ

Invesco Dynamic Oil & Gas Services Etf ETF News

etoro logo Buy PXJ
*Your capital is at risk
$43.24
+0.560 (+1.31%)
At Close: Jun 04, 2026
Oil futures edged lower early Tuesday, pulling back from 2023 highs, after downbeat economic data from China raised worries about global demand.
OPEC's production strategy meets headwinds from China's economic indicators, spotlighting a volatile tug-of-war in crude oil futures.
The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD's strength and oil prices has weakened, per the bank's research.

Will Crude Oil Hit $100 Per Barrel?

09:53pm, Monday, 04'th Sep 2023
West Texas Intermediate Crude Oil is currently trading above $85, Brent Crude is above $88 $100 could be the next stop in the uptrend, but it's OPEC that holds the key
Oil prices were mixed on Tuesday as support from China's measures to shore up its economy vanished, offsetting expectations of an extension in supply cuts by two leading OPEC+ members Saudi Arabia and
Traders bet that the potential extension of production cuts will provide additional support to oil markets.

WTI Oil Is Heading Towards $90.00

11:21am, Monday, 04'th Sep 2023
Production cuts, China's stimulus measures, and a less hawkish outlook for Fed policy are pushing oil markets towards new highs.
While OPEC+ commitments stir the global oil landscape, the U.S.'s booming oil production may temper future rises.
Oil prices ticked up in Asian morning trade on Monday, as market sentiment was buoyed by positive China and U.S. economic data, as well as expectations of ongoing crude supply cuts from major producer
Oil futures on Friday marked their highest settlement of the year, with front-month U.S. benchmark prices up 7.2% for the week, according to Dow Jones Market Data. With Saudi Arabia cutting exports by
Oil traders prepare for the extension of production cuts from Saudi Arabia and Russia.
Crude oil markets have rallied again during the trading session on Friday, as the jobs report suggested that perhaps we will get less inflation and still keep employment high.
Oil futures rose early Friday, gaining ground after scoring a third straight monthly gain in August on a tightening supply picture. Survey-based activity data from China also provided support ahead of
Crude prices strengthen as Saudi Arabia and OPEC+ allies mull extending production cuts, U.S. oil inventory shrinks, fueling market optimism.
Oil prices were set to snap a two-week losing streak as they rose for a fourth consecutive session on Friday due to tightening supplies and expectations of the OPEC+ group of oil producers extending o
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE