NYSEARCA:PXJ

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$43.24
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At Close: Jun 04, 2026
Oil prices fell on Thursday after media reports suggested that the US was close to reaching a nuclear deal with Iran. The potential deal would lift some sanctions for Iran and allow the country to exp
The sell-off in the oil markets was triggered by reports about a potential oil exports deal between U.S. and Iran.
Oil futures traded sharply lower Thursday, with analysts attributing the drop to a report of progress toward a deal between the U.S. and Iran. The two countries are nearing a temporary deal that would
Crude continues to see a slight upward pressure on Thursday as we try to sort out demand and supply cuts.

Oil prices aim for back-to-back gains

07:28am, Thursday, 08'th Jun 2023
Oil futures rose Thursday, on track for back-to-back gains and a fifth winning session out of the last six, as bulls shook off a sharp rise in U.S. gasoline inventories to focus on improving refining
WTI oil is lower as global economic concerns, weaker demand, rising U.S. fuel stocks, and disappointing Chinese exports offset Saudi output cuts.
Oil prices were little changed in early Asia trade on Thursday as investors weighed demand concerns over a global economic slowdown against an expected fall in supply from Saudi output cuts.

U.S. oil futures turn higher for the week

03:04pm, Wednesday, 07'th Jun 2023
Oil futures settled higher Wednesday, with U.S. benchmark prices turning positive for the week after U.S. government data revealed a weekly decline in domestic crude supplies. Overall, oil has “stal
WTI oil settled above the $72 level as traders focused on falling crude inventories.
OPEC+ decided to cut oil production by one million barrels a day. Rebecca Babin, CIBC Private Wealth, US Senior Energy Trader, joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss th
The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Wednesday, as we continue to see a lot of noisy behavior.
Strategic Petroleum Reserve fell to multi-decade lows, providing additional support to oil prices.
OPEC's June meeting provided some unexpected melodrama, with internal skirmishing between member countries spilling into public view. At stake were revisions to strictly regulated production quotas, w
This article explores three key economic events that oil traders should monitor closely.
Global economic headwinds, rising inventories, somber economic readings undermine WTI oil prices despite Saudi Arabia's output cut and OPEC+ efforts.
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