NYSEARCA:XOP

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At Close: Jun 03, 2026
Wall Street regulators are investigating a batch of suspiciously well-timed oil trades worth more than $800 million – amid mounting accusations of insider trading, according to a report.
The United States withdrew 17.8 million ​barrels of crude oil from its ‌inventories, the highest on record, the Energy Information Administration said on Wednesday, as the Iran war has ​cut glob
According to recent reports, President Trump said that U.S. was in the final stages of talks with Iran.
Trump told reporters that the administration was in the "final stages" of negotiations with Iran, according to a pool report.
Oil fell for a second day as traders weighed US President Donald Trump's latest threat to resume strikes on Iran.  Paul Sankey, Founder of Sankey Research, discusses the outlook for gasoline prices h
Higher oil prices are prompting energy companies to invest and the services stocks are benefitting.
Commercial crude oil stocks fell by 7.9 million barrels last week. Analysts expected crude stocks to fall by 3 million barrels.
The S&P 500 (SPX) is testing a key area of resistance established over recent weeks, says Kevin Green. Nvidia's (NVDA) earnings will be the catalyst that makes or breaks the trend.
U.S. crude and gasoline stockpiles fell last ​week, while distillate inventories were up, the Energy Information ‌Administration said on Wednesday.
Crude oil continues to see a lot of noisy behavior on Wednesday, as traders are still looking for clarity.
The Commodity Futures Trading Commission is looking into oil futures trades made by at least three previously unreported firms on March 23, just before Trump announced a ceasefire extension with Iran,
Ted Oakley of Oxbow Advisors says investors need more energy sector exposure, and his company owns everything from drillers to producers.
On Tuesday, the Strait of Hormuz saw “one of the busiest days since the closure.”
Russia's state oil and gas revenues, which account for around a fifth of total budget income, are set to ​rise by 39% year on year in May to ​700 billion roubles ($9.8 billion), thanks to a global
Crude prices remain elevated but there appears to be movement in the Strait of Hormuz Wednesday.
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