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PXJ / Oil edges up on supply worries, G7 pledge to enforce Russian price caps

Oil edges up on supply worries, G7 pledge to enforce Russian price caps
Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while investors waited to see if a pledge by the Group of Seven (G7) nations to strictly enforce price caps on Russian energy would impact exports. Read More
Posted: May 21 2023, 21:22
Author Name: Reuters
Views: 092020

PXJ News  

Energy ETF (PXJ) Hits New 52-Week High

By Zacks Investment Research
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Energy ETF (PXJ) Hits New 52-Week High

For investors seeking momentum, Invesco Dynamic Oil & Gas Services ETF PXJ is probably on radar. The fund just hit a 52-week high and is up about 76.6 more_horizontal

Oil falls after large surprise build in US crude stocks

By Reuters
May 31, 2023

Oil falls after large surprise build in US crude stocks

Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last wee more_horizontal

Oil climbs after US leaders strike provisional debt deal

By Reuters
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Oil climbs after US leaders strike provisional debt deal

Oil prices rose in early Asian trade on Monday after U.S. leaders reached a tentative debt ceiling deal, possibly averting a default in the world's la more_horizontal

Oil Price Forecast: Higher as US Inventories Tighten, Saudi Minister Warns Speculators

By FXEmpire
May 24, 2023

Oil Price Forecast: Higher as US Inventories Tighten, Saudi Minister Warns Speculators

Decreasing U.S. inventories, Saudi warning to speculators, and excessively bearish positions raise prospects of supply constraints and OPEC+ cuts. more_horizontal

Oil edges up on supply worries, G7 pledge to enforce Russian price caps

By Reuters
May 21, 2023

Oil edges up on supply worries, G7 pledge to enforce Russian price caps

Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while investors waited to see if a pledge by the Gro more_horizontal

Crude Oil Price Forecast – Crude Oil Markets Pulled Back Slightly on Thursday

By FXEmpire
May 18, 2023

Crude Oil Price Forecast – Crude Oil Markets Pulled Back Slightly on Thursday

Crude oil markets have pulled back a bit during the trading session on Thursday, as we continue to see a lot of noisy behavior to say the least. more_horizontal

Crude Oil Price Forecast – Crude Oil Markets Continue to Recover

By FXEmpire
May 8, 2023

Crude Oil Price Forecast – Crude Oil Markets Continue to Recover

Crude oil markets rallied on Monday as we continue to recover significantly after the massive selloff last week. more_horizontal

Crude Oil Price Forecast – Crude Oil Markets Looking to Fill a Gap

By FXEmpire
April 19, 2023

Crude Oil Price Forecast – Crude Oil Markets Looking to Fill a Gap

Crude oil markets have fallen a bit during the early hours on Wednesday, showing a potential drop coming to fill a gap. more_horizontal


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