Invesco Oil & Gas Services ETF (PXJ) — ()

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Crude Oil Price Outlook – Crude Oil Continues to See Support Underneath

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Sentiment: Neutral ()

The crude oil market continues to see a lot of noisy trading during the President's Day holiday. However, it looks like the market has plenty of buyers underneath.

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image for news Crude Oil Price Outlook – Crude Oil Continues to See Support Underneath
OPEC+ is not considering delay to April oil supply hike, Novak says

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Sentiment: Neutral ()

OPEC+ producers are not considering delaying a series of monthly oil supply increases that is scheduled to begin in April, Russian Deputy Prime Minister Alexander Novak said on Monday, Russia's …

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image for news OPEC+ is not considering delay to April oil supply hike, Novak says
Oil News: Near-term Outlook Hinges on Russia-Ukraine Peace Talks and U.S. Tariffs

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Sentiment: Neutral ()

Crude oil steadies as traders watch key levels. Will a breakout above $72.08 fuel gains, or will prices drop below $70.35?

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image for news Oil News: Near-term Outlook Hinges on Russia-Ukraine Peace Talks and U.S. Tariffs
Natural Gas and Oil Forecast: Will Rising U.S. Rig Counts Cap Price Gains?

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Sentiment: Negative ()

U.S. rig counts rise for a third week, raising concerns about oversupply. Will this cap oil and natural gas prices, or is there still room for a rally?

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image for news Natural Gas and Oil Forecast: Will Rising U.S. Rig Counts Cap Price Gains?
Oil falls for 4th day on expectations Russia-Ukraine peace may lift supply

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Sentiment: Negative ()

Oil prices fell for a fourth day on Monday on expectations a Russia-Ukraine peace deal could ease sanctions disrupting supply flows and on concerns that global tariff wars could slow …

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image for news Oil falls for 4th day on expectations Russia-Ukraine peace may lift supply
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Pull Back Ahead Of The Weekend

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Sentiment: Negative ()

Oil traders focused on the weak Retail Sales report from the U.S.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Pull Back Ahead Of The Weekend
Oil prices on track for weekly gain as tariff fears fade

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Sentiment: Positive ()

Oil futures rose Friday and were on track to snap a streak of three straight weekly losses, finding support after President Trump didn't immediately impose reciprocal tariffs on U.S. trading …

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image for news Oil prices on track for weekly gain as tariff fears fade
Oil News: Futures at Critical Moving Averages Amid Shifting Trade Sentiment

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Sentiment: Positive ()

Crude oil gains as trade war fears ease and demand outlook strengthens. Key support at $70.67-$71.51 in focus.

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image for news Oil News: Futures at Critical Moving Averages Amid Shifting Trade Sentiment
Natural Gas and Oil Forecast: Energy Prices Climb with Global Demand Hitting 103.4M BPD

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Sentiment: Positive ()

Global oil demand hits 103.4M BPD as natural gas stays bullish above $3.720. Key levels suggest potential market shifts ahead.

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image for news Natural Gas and Oil Forecast: Energy Prices Climb with Global Demand Hitting 103.4M BPD
Oil set to snap three-week losing streak amid rising fuel demand

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Sentiment: Positive ()

Oil prices rose in early trade on Friday, set to snap a three-week losing streak, amid rising fuel demand and expectations that Trump's plans for reciprocal global tariffs would not …

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image for news Oil set to snap three-week losing streak amid rising fuel demand
Crude Oil Price Forecast: Crude Oil Bounces After Hitting New Correction Low of $70.59

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Sentiment: Negative ()

Crude oil rebounded after hitting $70.59, but its bearish trend remains intact, with key resistance at $71.73 and further downside risk if support levels break.

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image for news Crude Oil Price Forecast: Crude Oil Bounces After Hitting New Correction Low of $70.59
Oil reacts to Trump-Putin news, bond yields drops and reciprocal tariffs

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Sentiment: Neutral ()

The oil market reacts to the news Trump and Putin will likely meet in Saudi Arabia about Ukraine, the bond yields drop on a hot PPI and we'll learn more …

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image for news Oil reacts to Trump-Putin news, bond yields drops and reciprocal tariffs
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rebounds From Session Lows

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Sentiment: Positive ()

Oil traders stay focused on geopolitical news and tariff policy outlook.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rebounds From Session Lows
Iraq's deputy prime minister responds to Trump's call for OPEC to cut oil prices

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Sentiment: Neutral ()

Muhammad Tamim, Iraq's deputy prime minister and minister of planning, says the decision to raise production will be examined strictly according to the interests of OPEC.

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image for news Iraq's deputy prime minister responds to Trump's call for OPEC to cut oil prices
Natural Gas and Oil Forecast: Key Levels to Watch After 2% Price Drop

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Sentiment: Neutral ()

Natural gas and oil prices dip 2% as inventories surge and geopolitical tensions ease. Can key support levels hold, or will further declines follow?

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image for news Natural Gas and Oil Forecast: Key Levels to Watch After 2% Price Drop
Oil, Natural Gas and US Dollar Technical Analysis Amid Economic Uncertainty

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Sentiment: Negative ()

WTI crude oil remains under bearish pressure, while natural gas prices are bullish above the $3 level.

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image for news Oil, Natural Gas and US Dollar Technical Analysis Amid Economic Uncertainty
Oil falls as potential Ukraine peace deal may ease supply disruptions

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Sentiment: Negative ()

Oil prices fell on Thursday on expectations a potential peace deal between Ukraine and Russia would mean the end of sanctions that have disrupted supply flows and U.S. President Donald …

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image for news Oil falls as potential Ukraine peace deal may ease supply disruptions
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Drops As Trump Talks To Putin

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Sentiment: Negative ()

Oil markets are losing ground as traders bet that Russia's exports would not be hurt.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Drops As Trump Talks To Putin
Crude Inventories Rise By 4.1 Million Barrels; WTI Oil Remains Under Pressure

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Sentiment: Negative ()

Gasoline inventories declined by 3 million barrels from the previous week.

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image for news Crude Inventories Rise By 4.1 Million Barrels; WTI Oil Remains Under Pressure
Oil prices drop after industry data shows big drop in U.S. crude inventories

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Sentiment: Negative ()

Oil futures fell Wednesday, threatening to end a three-day winning streak, after industry data showed a large rise in U.S. crude inventories.

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image for news Oil prices drop after industry data shows big drop in U.S. crude inventories
Oil News: Demand Concerns Mount Amid Hawkish Fed and Supply Glut

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Sentiment: Negative ()

Oil prices drop as rising US crude inventories and hawkish Fed comments weigh on sentiment. Traders eye key support levels and EIA data for direction.

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image for news Oil News: Demand Concerns Mount Amid Hawkish Fed and Supply Glut
Natural Gas and Oil Forecast: Market on Edge as Tariff Concerns Weigh on Demand

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Sentiment: Negative ()

Oil prices slip as rising U.S. stockpiles and tariff concerns pressure demand. Will strong refinery margins support a rebound?

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image for news Natural Gas and Oil Forecast: Market on Edge as Tariff Concerns Weigh on Demand
Oil prices retreat after report of U.S. crude stockpile rise

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Sentiment: Negative ()

Oil prices fell on Wednesday as an industry report showed an increase in U.S. crude stockpiles and tariff worries weighed on sentiment, paring back three days of gains driven by …

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image for news Oil prices retreat after report of U.S. crude stockpile rise
Katie Stockton on the technicals in energy

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Sentiment: Neutral ()

'Fast Money' guest trader Kate Stockton talks the technicals in the energy trade.

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image for news Katie Stockton on the technicals in energy
Crude Oil Price Forecast: Crude Oil Reclaims $72.83, Targets Higher Resistance Levels

Published: by:
Sentiment: Positive ()

Crude oil reclaimed the 50-Day MA at $72.83, signaling strength. Watch resistance between $74.60-$74.89 and potential support at $70.91.

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image for news Crude Oil Price Forecast: Crude Oil Reclaims $72.83, Targets Higher Resistance Levels
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Amid Supply Concerns

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Sentiment: Negative ()

Traders stay focused on the impact of the recent sanctions on Russia and Iran.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Amid Supply Concerns
'We're in an environment where there is a lot of uncertainty in the oil market,' analyst says

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Sentiment: Neutral ()

Herman Wang, managing editor, oil news at S&P Global Commodity Insights, discusses BP earnings, after the oil giant vowed a strategy reset and posted a sharp drop in fourth-quarter profit.

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image for news 'We're in an environment where there is a lot of uncertainty in the oil market,' analyst says
Why U.S. gasoline prices could rise if Trump slaps tariffs on Canadian crude oil next month

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Sentiment: Negative ()

President Donald Trump is threatening to impose tariffs on Canadian energy resources on March 4. U.S. refiners have become increasingly reliant on heavy crude from Canada because it is cheaper, …

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image for news Why U.S. gasoline prices could rise if Trump slaps tariffs on Canadian crude oil next month
Gold and oil rise on trade war fears

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Sentiment: Positive ()

Gold (GC=F) prices hit record highs amid fears of a global trade war, with tariffs on steel and aluminum driving gold prices above $2,900 Monday. Yahoo Finance Senior Business Reporter …

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image for news Gold and oil rise on trade war fears
Crude Oil Price Outlook – Crude Continues to Recover on Tuesday

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Sentiment: Positive ()

The crude oil markets look as if we are going to continue to see buyers jumping into the market on pullbacks. At this point, the market seems to be finding …

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image for news Crude Oil Price Outlook – Crude Continues to Recover on Tuesday

About Invesco Oil & Gas Services ETF PXJ

The Invesco Oil & Gas Services ETF (Fund) is based on the Dynamic Oil Services Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including: price momentum, earnings momentum, quality, management action, and value. The Index is composed of stocks of 30 U.S. companies that assist in the production, processing and distribution of oil and gas. The Index may include companies that are engaged in the drilling of oil and gas wells; manufacturing oil and gas field machinery and equipment; or providing services to the oil and gas industry, such as well analysis, platform and pipeline engineering and construction, logistics and transportation services, oil and gas well emergency management and geophysical data acquisition and processing. The Fund and the Index are rebalanced and reconstituted quarterly in February, May, August and November.