NYSEARCA:XOP

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$171.02
-0.110 (-0.0643%)
At Close: Jun 04, 2026
US futures were pointing to a cautious open on Wall Street, ahead of the release of US inflation data, as escalating attacks on shipping in the Strait of Hormuz keep oil prices elevated and nerves fr
Crude oil's stunning reversal from $120 to $86 within 48 hours is a move that stunned markets. Kevin Green warns prices can rally again with no clear off ramp in the U.S.-Iran War.
India is arranging ‌crude and LNG supplies from ​alternative sources ​with two LNG cargoes ⁠on the ​way, Sujata Sharma, ​joint secretary in the federal oil ​ministry, said ​on Wednesda
Iran will switch from "reciprocal hits" ​after attacks to continuous ‌strikes on adversaries, and the U.S. will ​not be able ​to control oil prices, the ⁠spokesperson for Tehran's ​Khatam
Here are five key things investors need to know to start the trading day.
Germany will release part of its oil reserves after ​the International Energy Agency (IEA) recommended the ‌release of 400 million barrels of oil from stockpiles, the largest such move in IEA ​h
Iraq has asked the Kurdistan Regional Government (KRG) if it would pump at least 100,000 barrels of crude per ​day from its state-managed Kirkuk oilfields to Turkey's Ceyhan port, ‌two oil officia
Where the S&P 500 goes next is clearly hinging on oil prices and the Strait of Hormuz. Here's a fresh line in the sand.
Oil futures rose on Wednesday as traders awaited what could be a historic release of emergency government reserves to counter the disruption to supplies from the attack on Iran.
WTI rebounds 2% to $86 as Hormuz tensions slash 6M bpd supply. Can oil break $88 while Brent tests $90 and natural gas holds $3.02 support?
The International Energy Agency ​is set ‌to announce its recommendation at ​1300 GMT ​on releasing oil ⁠from strategic ​reserves, two sources ​with knowledge of IEA discussions said ​o
The price of Russian oil ​used for taxation has exceeded the budget target for the first time ‌since January 2025 because of the rise in global prices caused by the Iran war, Reuters calculations
A Chinese oil terminal sanctioned by Washington in October has resumed operations after ​a logistics unit of state refiner Sinopec
Oil prices were rising early Wednesday but remained below $90 a barrel. The market looked to be stabilizing—but don't count on it staying that way.
John Kilduff, Again Capital's founding partner, says that oil storage in the Gulf is "100% the problem" and adds that the energy market will remain under pressure for longer.
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