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

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OPEC+ weighs output plans as Iran snapback sanctions hit

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Sentiment: Neutral ()

OPEC+ is planning an output hike in November, according to early reports. CNBC's Dan Murphy has more.

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image for news OPEC+ weighs output plans as Iran snapback sanctions hit
Crude Oil Price Outlook – Crude Pulls Back from Resistance

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Sentiment: Negative ()

The crude oil market has fallen a bit in the early hours of Monday, as we are trying to continue the overall sideways action that we have been in for …

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image for news Crude Oil Price Outlook – Crude Pulls Back from Resistance
TotalEnergies to cut capital expenditures by $1 billion per year, in latest sign of thrift in oil industry

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Sentiment: Negative ()

French integrated oil company TotalEnergies announced on Monday it was reducing capital expenditures by $1 billion per year, the latest in a series of cutbacks announced by the industry.

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image for news TotalEnergies to cut capital expenditures by $1 billion per year, in latest sign of thrift in oil industry
California trying to KEEP oil and gas firms from LEAVING THE STATE

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Sentiment: Neutral ()

The 'Big Money Show' panel discusses Gov. Gavin Newsom, D-Calif.

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image for news California trying to KEEP oil and gas firms from LEAVING THE STATE
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Tests The $65 Level

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Sentiment: Positive ()

Oil markets attempt to gain additional momentum despite U.S. dollar's rally.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Tests The $65 Level
Oil prices predicted lower on oversupply concerns

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Sentiment: Negative ()

Berenberg has lowered its oil price forecast for 2026 to US$65 per barrel from US$70, citing oversupply concerns and weakening macroeconomic indicators. The European bank, in a note, said it …

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image for news Oil prices predicted lower on oversupply concerns
Crude Oil Price Outlook – Crude Pressuring the Top of a Range

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Sentiment: Negative ()

The crude oil market continues to see buying pressure, as we are at the top of the range that we have been in for some time now. At this point, …

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image for news Crude Oil Price Outlook – Crude Pressuring the Top of a Range
Crude Oil Price Outlook – Crude Oil Continues to Rise

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Sentiment: Neutral ()

The oil market rose again in the early hours of Wednesday, as we are trying to reach the top of the overall range in both grades of crude oil in …

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image for news Crude Oil Price Outlook – Crude Oil Continues to Rise
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1.9% As Exports From Iraq's Kurdistan Fail To Restart

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Sentiment: Neutral ()

Oil markets rebound after multi-day pullback.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1.9% As Exports From Iraq's Kurdistan Fail To Restart
EU Seeks to End Russian Oil Purchases, Von der Leyen Says

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Sentiment: Neutral ()

“We want to put tariffs on oil supplies that are still coming to the European Union,” said European Commission President Ursula Von der Leyen. She stated that European nations are …

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image for news EU Seeks to End Russian Oil Purchases, Von der Leyen Says
Latvia's President Says Europe Must Not Buy Russian Oil

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Sentiment: Neutral ()

Latvian President Edgars Rinkevics talks about what it takes to defend against Russian aggression and how a drone wall could be used. Russian fighter jets have recently gone into Polish …

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image for news Latvia's President Says Europe Must Not Buy Russian Oil
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Oversupply Concerns

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Sentiment: Negative ()

Oil markets remain under pressure as traders ignore geopolitical risks and focus on robust supply.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Oversupply Concerns
Crude Oil Price Outlook – Oil Drops a Bit in Early Trading

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Sentiment: Neutral ()

The oil market has dropped a bit in the early hours of Monday, and as a result, we are testing the support level of the overall consolidation region that has …

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image for news Crude Oil Price Outlook – Oil Drops a Bit in Early Trading
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On Rising Supply

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Sentiment: Negative ()

Geopolitical risk premium declined as tensions in the Middle East and drone attacks on Russian oil facilities did not hurt supply.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On Rising Supply
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Despite Fed Rate Cut

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Sentiment: Neutral ()

Fed Interest Rate Decision did not provide support to oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Despite Fed Rate Cut
Crude Oil Price Outlook – Crude Oil Recovers After Dropping

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Sentiment: Positive ()

The crude oil market fell a bit at the open on Thursday but turned things around as it looks like we are trying to reach toward the top of the …

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image for news Crude Oil Price Outlook – Crude Oil Recovers After Dropping
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Traders Focus On The EIA Report

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Sentiment: Negative ()

Falling crude inventories did not provide material support to oil markets.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Traders Focus On The EIA Report
Trump, Modi Speak in Bid to Ease Clash Over Tariffs, Oil

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Sentiment: Positive ()

US President Donald Trump said he spoke to Indian Prime Minister Narendra Modi in a move that offers to ease tensions between the two major economies amid a fight over …

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image for news Trump, Modi Speak in Bid to Ease Clash Over Tariffs, Oil
Crude Oil Price Outlook – Crude Oil Drops Early on Wednesday

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Sentiment: Negative ()

The crude oil market continues to see a lot of noise, as the market finds itself near the top of the range that we have been in for a while …

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image for news Crude Oil Price Outlook – Crude Oil Drops Early on Wednesday
Ives: Nvidia's years ahead. Their chips are the new gold or oil

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Sentiment: Positive ()

Dan Ives, global head of technology research at Wedbush Securities, and CNBC's Eunice Yoon discuss China's pressure on Nvidia, opportunities for Chinese tech, UK AI investment, and crypto's AI intersection …

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image for news Ives: Nvidia's years ahead. Their chips are the new gold or oil
Oil News: Crude Oil Slips Below 50-Day MA Ahead of EIA Inventory Release

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Sentiment: Negative ()

Crude oil slips below the 50-day MA as traders await U.S. inventory data and Fed signals. Geopolitical tensions and OPEC output weigh on the oil outlook.

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image for news Oil News: Crude Oil Slips Below 50-Day MA Ahead of EIA Inventory Release
Natural Gas and Oil Forecast: Brent Nears $70, WTI Eyes $66 as Geopolitical Tensions Rise

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Sentiment: Neutral ()

Brent crude nears $70 and WTI targets $66 as geopolitical tensions and falling U.S. inventories fuel bullish momentum in energy markets.

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image for news Natural Gas and Oil Forecast: Brent Nears $70, WTI Eyes $66 as Geopolitical Tensions Rise
Oil prices hold steady as markets await Fed rate decision

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Sentiment: Neutral ()

Oil prices held steady in early trading on Wednesday, after rising more than 1% in the previous session on drone attacks on Russian ports and refineries, while traders awaited an …

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image for news Oil prices hold steady as markets await Fed rate decision
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Focus On Geopolitical Risks

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Sentiment: Negative ()

Oil markets test weekly highs as traders weigh supply risks.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Focus On Geopolitical Risks
Crude Oil Price Outlook – Crude Oil Continues to See Buyers on Dips in a Range

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Sentiment: Negative ()

The crude oil market has been rangebound for a couple of weeks, and it looks like the buyers are willing to step in and support the market for the time …

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image for news Crude Oil Price Outlook – Crude Oil Continues to See Buyers on Dips in a Range
OPEC+ barrels have entered oil markets as Russian energy wanes: Bank of America's Francisco Blanch

Published: by:
Sentiment: Neutral ()

Francisco Blanch, BofA Securities head of commodities and derivatives research, joins 'Power Lunch' to discuss global energy markets.

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image for news OPEC+ barrels have entered oil markets as Russian energy wanes: Bank of America's Francisco Blanch
Crude Oil Rises 1%; Manufacturing Activity in New York Falls In September

Published: by:
Sentiment: Neutral ()

U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining around 0.1% on Monday.

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image for news Crude Oil Rises 1%; Manufacturing Activity in New York Falls In September
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On Drone Attacks On Russian Refineries

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Sentiment: Positive ()

Rising geopolitical risk premium provided support to oil markets today.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On Drone Attacks On Russian Refineries
Crude Oil News Today: Risk Premium Creeps Back on Russia Refinery Hits

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Sentiment: Negative ()

Ukraine's drone campaign has targeted Russian refineries for six months, shifting market focus from OPEC+ back to geopolitical risk.

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image for news Crude Oil News Today: Risk Premium Creeps Back on Russia Refinery Hits
Crude Oil Weekly Price Outlook – Crude Oil Continues to Find Support

Published: by:
Sentiment: Negative ()

This past week has seen support showing up in the oil markets yet again, but at this point in time, the markets are still just a bit “stuck.” With this, …

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image for news Crude Oil Weekly Price Outlook – Crude Oil Continues to Find Support

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.