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

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ENERGY RESET: Venezuela's oil is back in play as US loosens the rules

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Sentiment: Positive ()

The American Petroleum Institute CEO Mike Sommers discusses plans to drill Venezuelan oil and Texas' new gas power project on 'Varney & Co.' #foxbusiness #varneyandco

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image for news ENERGY RESET: Venezuela's oil is back in play as US loosens the rules
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. Navy Shoots Down Iranian Drone

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Sentiment: Positive ()

U.S. Navy shot down the drone that was moving towards an aircraft carrier.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As U.S. Navy Shoots Down Iranian Drone
US refiners struggle to absorb sudden surge in Venezuelan oil imports

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Sentiment: Negative ()

Oil refiners on the U.S. Gulf Coast are struggling to absorb a rapid surge in Venezuelan crude shipments since last month's flagship $2 billion supply deal between Caracas and Washington, …

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image for news US refiners struggle to absorb sudden surge in Venezuelan oil imports
Trafigura ships first Venezuelan fuel oil to Europe in nearly two years

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Sentiment: Positive ()

Trader Trafigura has moved the first shipment of Venezuelan fuel oil to Europe in nearly two years, two trading sources and data seen by Reuters showed.

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image for news Trafigura ships first Venezuelan fuel oil to Europe in nearly two years
India says it will stop buying Russian oil. Shadow fleet vessels are still unloading sanctioned crude at its ports

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Sentiment: Negative ()

Kpler data shows four Russian shadow fleet tankers unloading sanctioned oil in India. On Monday, President Trump said India had agreed to a trade deal that included a promise to …

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image for news India says it will stop buying Russian oil. Shadow fleet vessels are still unloading sanctioned crude at its ports
Oil News: Bulls Defend Trend Line as Crude Oil Outlook Hinges on Demand and Iran News

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Sentiment: Negative ()

Crude oil steadies after Iran headlines trigger a shakeout as traders watch demand, strong dollar pressure, and key trend line support to gauge market direction.

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image for news Oil News: Bulls Defend Trend Line as Crude Oil Outlook Hinges on Demand and Iran News
Russia's Novak expects oil demand to pick up in March, April

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Sentiment: Positive ()

Russian Deputy Prime Minister said on Tuesday that there is currently a balance on the global oil market, while demand will be gradually rising in March and April, when asked …

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image for news Russia's Novak expects oil demand to pick up in March, April
Russia-India oil ties as US trade deal targets crude imports

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Sentiment: Negative ()

U.S. President Donald Trump announced a trade agreement with Indian Prime Minister Narendra Modi on Monday that included a halt to Indian oil purchases from Russia.

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image for news Russia-India oil ties as US trade deal targets crude imports
Natural Gas and Oil Forecast: Is Oil Stabilizing at $61 or Slipping Toward $60 Next?

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Sentiment: Positive ()

Oil and gas prices slide as easing geopolitical risk and steady OPEC+ supply push WTI toward $60, while natural gas consolidates near $3.20 support.

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image for news Natural Gas and Oil Forecast: Is Oil Stabilizing at $61 or Slipping Toward $60 Next?
Oil Prices Slide as U.S.–Iran Talks Ease Geopolitical Risk and Remove Fear Premium

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Sentiment: Negative ()

Oil prices remain under pressure as easing U.S.–Iran tensions remove the fear premium, a stronger dollar limits demand, and bearish technical signals keep crude locked in a sideways range until …

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image for news Oil Prices Slide as U.S.–Iran Talks Ease Geopolitical Risk and Remove Fear Premium
Oil steady as markets consider possible U.S.–Iran de-escalation, firm dollar

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Sentiment: Neutral ()

Oil prices held steady on Tuesday as market participants weighed the possibility of a de-escalation in U.S.-Iran tensions, with a firmer dollar limiting the upside.

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image for news Oil steady as markets consider possible U.S.–Iran de-escalation, firm dollar
Oil Edges Higher as Traders Digest U.S.-India Trade Deal

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Sentiment: Positive ()

Oil edged higher in the morning Asian session as traders digest the U.S.-India trade deal.

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image for news Oil Edges Higher as Traders Digest U.S.-India Trade Deal
Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value

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Sentiment: Neutral ()

UK and European pension funds and activist shareholder ACCR are pushing BP to publish more information to prove its strategy of shifting spending from low-carbon to oil and gas projects …

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image for news Activist shareholder ACCR, pension funds urge BP to show shift to oil and gas will deliver value
Indian refiners need wind-down period for Russian oil, sources say

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Sentiment: Neutral ()

Indian refiners will need a wind-down period to complete Russian oil deals before imports from that country can be halted, and they have so far not been ordered by the …

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image for news Indian refiners need wind-down period for Russian oil, sources say
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Dive 6% As Iran Is Ready To Negotiate A Deal

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Sentiment: Neutral ()

Oil prices moved lower as geopolitical risk premium declined.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Prices Dive 6% As Iran Is Ready To Negotiate A Deal
Oil price pulls back as OPEC+ preserves production, US signals proIran talks

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Sentiment: Positive ()

Crude oil prices fell after OPEC+ again decided not to raise output in the first quarter of 2026, a move that has helped underpin crude oil prices in recent weeks. …

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image for news Oil price pulls back as OPEC+ preserves production, US signals proIran talks
Oil Price News: WTI Jumps as Iranian Tensions and Short Covering Fuel Rally

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Sentiment: Negative ()

Oil prices surged last week as geopolitical risk linked to Iran intensified and speculative positioning adjusted, pushing the curve back into backwardation. While supply constraints and OPEC+ delivery issues continue …

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image for news Oil Price News: WTI Jumps as Iranian Tensions and Short Covering Fuel Rally
Natural Gas, WTI Oil, Brent Oil Forecasts – Traders Stay Focused On Iran

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Sentiment: Neutral ()

Oil traders try to guess whether U.S. will strike Iran over the weekend.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Traders Stay Focused On Iran
Trinidad and Tobago in talks with Indian Oil to revive refinery

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Sentiment: Positive ()

Trinidad and Tobago is in talks with Indian Oil Corp to restart its mothballed 165,000-barrel-per-day Guaracara oil refinery, Energy Minister Roodal Moonilal said, as the Caribbean nation looks to revive …

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image for news Trinidad and Tobago in talks with Indian Oil to revive refinery
Oil News: Will Supply Shock Spike Crude Oil Above $66.49 Resistance?

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Sentiment: Positive ()

Crude oil needs Iran supply shock to break resistance, Reuters columnist says. Technical setup suggests market anticipates production disruption with breakout over $66.49.

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image for news Oil News: Will Supply Shock Spike Crude Oil Above $66.49 Resistance?
Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense

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Sentiment: Negative ()

ExxonMobil CEO Darren Woods told CNBC that Venezuela needs to transition to representative government for the oil major to consider investing. Woods told President Donald Trump earlier this month that …

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image for news Exxon CEO says Venezuela needs to transition to democracy for oil investment to make sense
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars As On Worries U.S. Could Strike Iran

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Sentiment: Negative ()

President Trump warned Iran that time was running out for nuclear deal.

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image for news Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars As On Worries U.S. Could Strike Iran
US lawmaker asks Vitol, Trafigura about Venezuela oil deals

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Sentiment: Neutral ()

The top Democrat on a U.S. House investigative committee on Thursday asked global trading houses Vitol and Trafigura about any correspondence with the Trump administration before the U.S. capture of …

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image for news US lawmaker asks Vitol, Trafigura about Venezuela oil deals
U.S. oil prices surge by nearly 5% on bets that U.S. strike on Iran is imminent

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Sentiment: Positive ()

Oil prices rallied Thursday by nearly 5%, with the global benchmark touching its highest level since July as tensions between the U.S. and Iran worsened, raising concerns over disruptions to …

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image for news U.S. oil prices surge by nearly 5% on bets that U.S. strike on Iran is imminent
Petrobras renews oil deals with Indian refiners worth more than $3.1 bln

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Sentiment: Positive ()

Brazil's state-run oil firm Petrobras said on Wednesday it has expanded and renewed oil sales contracts with Indian state-owned oil refiners.

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image for news Petrobras renews oil deals with Indian refiners worth more than $3.1 bln
House Democrats warn oil companies of risks of Venezuela transactions

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Sentiment: Negative ()

A dozen House Democrats on Wednesday sent a letter to 21 companies who attended a Jan. 9 White House meeting about developing Venezuelan oil resources, warning them that any transaction …

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image for news House Democrats warn oil companies of risks of Venezuela transactions
Oil hits 4-month high as Trump renews Iran threats, but crude's momentum may be fleeting

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Sentiment: Neutral ()

President Donald Trump ratcheted up pressure on Iran Wednesday, warning that a “massive armada” was headed to the Middle Eastern country and that time was running out for Tehran to …

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image for news Oil hits 4-month high as Trump renews Iran threats, but crude's momentum may be fleeting
U.S. Crude Oil Stockpiles Post Weekly Decline as Imports Fall

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Sentiment: Neutral ()

Commercial crude oil stocks decreased by 2.3 million barrels and were about 3% below the five-year average for the time of year, said the Energy Information Administration.

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image for news U.S. Crude Oil Stockpiles Post Weekly Decline as Imports Fall
Chevron to boost exports of Venezuelan oil to US in March, sources say

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Sentiment: Positive ()

Oil producer Chevron is set to boost exports of Venezuelan crude to the U.S. to some 300,000 barrels per day (bpd) in March, from 100,000 bpd in December and some …

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image for news Chevron to boost exports of Venezuelan oil to US in March, sources say
Nigerian key crude oil loadings to fall in March, programmes show

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Sentiment: Negative ()

Exports of four key Nigerian crude oil grades are scheduled at 793,000 barrels per day in March, preliminary loading programmes seen by Reuters show.

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image for news Nigerian key crude oil loadings to fall in March, programmes show

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.