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Buy PXJ
$42.68
-0.250 (-0.582%)
At Close: Jun 03, 2026
Oil prices slip on global recession fears after boost from OPEC+ production cuts
08:46am, Tuesday, 11'th Apr 2023
Oil futures traded marginally lower early Tuesday as expectations for a slowing global economy continued to offset the impact of the latest round of production cuts announced by members of OPEC+.
Oil Price Forecast / Update: Supported by Anticipated China Stimulus, Drop in API Stockpiles
07:15am, Tuesday, 11'th Apr 2023
China's potential stimulus measures and strong Asian demand boost crude oil prices.
OPEC Is Back In The Driver's Seat
06:00am, Tuesday, 11'th Apr 2023
Last year's decision to deplete the Strategic Petroleum Reserve in response to rising prices puts OPEC firmly back in the driver's seat when it comes to controlling global oil prices.
U.S. oil futures settle below $80, at lowest in more than a week
03:00pm, Monday, 10'th Apr 2023
Oil futures declined on Monday, with U.S. prices settling below $80 a barrel — at their lowest in more than a week. “Most energy traders are still on the sidelines until we get a clearer picture o
Brent Crude May Fall Below $70, Citi's Morse Says
02:46pm, Monday, 10'th Apr 2023
Ed Morse, Citigroup's global head of commodities research, says oil demand is being "crippled" by the prospects of an economic slowdown during an interview on Bloomberg Television.
Natural Gas, WTI Oil, Brent Oil – Natural Gas Rebounds From Recent Lows
02:20pm, Monday, 10'th Apr 2023
Natural gas traders reacted to the changes in weather forecasts.
Crude Oil Price Forecast – Crude Oil Markets Continue to Sit Just Below the 200-Day EMA
10:19am, Monday, 10'th Apr 2023
The crude oil markets continue to do very little, as we hovered just below the 200-Day EMA.
Oil steadies after last week's surge sparked by OPEC+ cuts
09:28am, Monday, 10'th Apr 2023
Oil ticked lower early Monday as investors returned from a three-day Easter weekend. Crude surged in holiday-shortened trading last week after the Organization of the Petroleum Exporting Countries and
Oil inches lower as traders return from 3-day weekend
07:45am, Monday, 10'th Apr 2023
Oil ticked slightly lower early Monday as investors returned from a three-day Easter weekend. Crude surged in holiday-shortened trading last week after the Organization of the Petroleum Exporting Coun
Oil Price Forecast / Update: Market Balancing Impending Supply Cuts Against Concerns of Weaker Demand
06:06am, Monday, 10'th Apr 2023
Oil prices underpinned as OPEC+ production cuts and tight supply balances with concerns over demand.
This is going to be the most bullish time for oil demand, says analyst
12:02am, Monday, 10'th Apr 2023
Matt Smith of Kpler says oil demand will kick in because of the summer driving season, among other factors that will support prices, but "it's what comes after that
Oil Prices Are Surging, but Futures Are Falling. Why That's a Bullish Sign.
06:52pm, Friday, 07'th Apr 2023
The trading pattern, known as backwardation, looks bearish but is often bullish. The reason: Traders buy cheaper oil and producers balance the market by restraining supply.
Oil Price Forecast / Update: Hedge Funds Buyers as OPEC+ Pledges to Reduce Production
04:20pm, Friday, 07'th Apr 2023
Reduction in U.S. oil rigs suggests a decline in future production, but supply constraints still offer room for price hikes.
Crude Oil Weekly Price Forecast – Crude Oil Markets Gap Higher
11:36am, Friday, 07'th Apr 2023
The crude oil markets gapped higher on Monday after oil cuts were announced by OPEC, starting in May.
Crude Oil Price Forecast – Crude Ended the Week Near the High
11:13am, Friday, 07'th Apr 2023
Crude oil markets did not trade on Friday in the futures pits, but it is worth noting that the Thursday candlestick closed essentially where we have been all week.
