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Buy PXJ
$43.24
+0.560 (+1.31%)
At Close: Jun 04, 2026
Oil prices on track for weekly gains
08:00am, Friday, 07'th Jul 2023
Oil futures were slightly higher Friday, on track for weekly gains after data showed further declines in U.S. crude and product inventories this week.
Commerzbank cuts oil price forecasts to reflect bearish market sentiment
07:37am, Friday, 07'th Jul 2023
Commerzbank on Friday cut its 2023 and 2024 oil price forecasts, reflecting pessimism in the market over the economic outlook despite supply cuts from key producers that could contribute to a deficit.
Oil Price Forecast: Set for Second Weekly Gain Amid Strong Demand
06:04am, Friday, 07'th Jul 2023
WTI crude oil prices set for 2nd weekly gain on robust demand, significant US inventory drop, and OPEC's output cuts, signaling a bullish outlook.
Oil prices steady as rate hike fears offset signs of tightening supply
08:49pm, Thursday, 06'th Jul 2023
Oil prices were largely unchanged on Friday, but set to post weekly gains, as fears of higher U.S. interest rates that could dampen energy demand were offset by signs of tighter supply after a larger-
Top Calls: Fuel Demand's Impact on Oil Stocks
06:46pm, Thursday, 06'th Jul 2023
Stewart Glickman, CFRA Deputy Research Director and Head of Energy Research, joins Romaine Bostick to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
U.S. oil futures shake off early loss to finish nearly flat
02:56pm, Thursday, 06'th Jul 2023
U.S. oil futures gave up their early Thursday losses to settle almost unchanged for the session. Prices found some support following a report from the Energy Information Administration showing a third
Natural Gas, WTI Oil, Brent Oil – Oil Rebounds From Session Lows As Crude Inventories Decline
02:08pm, Thursday, 06'th Jul 2023
The EIA report provided significant support to oil markets.
Oil supply has been more robust than forecasted in 2023, says Citi's Ed Morse
11:50am, Thursday, 06'th Jul 2023
Ed Morse, Citi's global head of commodities, joins 'Squawk on the Street' to discuss the outlook for oil prices in the second half of the year, oil demand growth related to China's reopening, and the
US crude, gasoline inventories fall more than expected - EIA
11:37am, Thursday, 06'th Jul 2023
U.S. crude stocks drew more than expected on strong refining demand, while gasoline inventories posted a large draw after an increase in driving last week, the Energy Information Administration said o
Crude Oil Price Forecast – Crude Oil Market Stagnated at 50-Day EMA
10:55am, Thursday, 06'th Jul 2023
The crude oil markets have been somewhat stagnant during the trading session on Thursday, as it looks like the 50-Day EMA is going to cause resistance yet again.
Saudi Arabia hikes August oil prices to Asia after supply cuts - sources
08:52am, Thursday, 06'th Jul 2023
Top oil exporter Saudi Arabia has raised the prices for most its crude oil to Asian customers in August for a second month, following its announcement of prolonging an extra output cut on top of a bro
Oil prices edge higher as traders eye inventories
07:50am, Thursday, 06'th Jul 2023
Oil futures edged higher Thursday, finding support as investors weighed industry data that showed a drop in U.S. crude inventories ahead of an official reading.
Oil Price Forecast: Sluggish Chinese Demand, Global Uncertainty Weigh
01:36am, Thursday, 06'th Jul 2023
Sluggish Chinese demand, caused by slow services activity expansion, overshadow Saudi supply curb, causing WTI crude oil prices to slip.
Oil prices steady as China demand fears offset tighter supply forecasts
09:37pm, Wednesday, 05'th Jul 2023
Oil prices moved little in early Asian trade on Thursday as the prospect of tighter supply with output cuts from Saudi Arabia and Russia and a bigger-than-expected drop in U.S. crude stocks were offse
Oil Futures Rise in Wake of OPEC+ Cuts
08:48pm, Wednesday, 05'th Jul 2023
US oil prices still holding onto gains as traders weigh the impact of additional production cuts announced earlier this week by Saudi Arabia and Russia. Su Keenan reports on Bloomberg Television.
