NYSEARCA:XOP

Spdr(r) S&p(r) Oil & Gas Exploration & Production Etf ETF News

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
WTI crude oil rallies above $62.20 targeting $64.75-$66.49. Winter storm disrupts production.
The crude oil market is a little bit positive early during the trading session on Wednesday as investors are starting to see geopolitical and USD-related tailwinds as a real possibility.
The African Export-Import Bank (Afreximbank) on Wednesday announced a $1.75 billion facility for Angola's national oil company Sonangol.
Indian Oil Corp expects its annual diesel exports to rise sharply to up to 5 million metric tons from 2027 as it expands refining capacity, the company's head of marketing told reporters at the India
Kazakhstan is estimated to have lost more than 40 million barrels of crude exports from damage around the Caspian Pipeline Consortium (CPC), trader Vitol's Asia head said on Wednesday, easing a global
Mukesh Sahdev, chief oil analyst at XAnalysts, says Russian oil was not an option but a necessity for India as the latter was facing an oil supply crunch. He also says that the US used this to pressur
WTI trades above $62 as winter outages cut supply, while natural gas holds $3.70 inside a rising channel. Key resistance levels now come into focus.
Oil prices were mixed on Wednesday, with Brent down slightly but the U.S. contract edging higher as supply concerns grew after a winter storm disrupted crude output and halted Gulf Coast exports over
Oil prices were mixed in Asia's morning session, but may be supported by lingering Middle East tensions that could lead to supply disruptions.
Crude oil is testing resistance near the 200-day average, with bullish momentum supported by short-term moving averages and potential breakout levels pointing to higher prices.
Oil traders worry that U.S. may strike Iran in the next few days.
U.S. officials are working to issue a general license soon that would lift some sanctions on Venezuela's energy sector, three sources close to the preparation said on Tuesday, a shift from a previous
U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining more than 200 points on Tuesday.
A commission of Venezuela's National Assembly has received more than 80 proposals from politicians, lawyers and energy associations seeking changes to a reform of the country's main oil law, sources c
U.S. demand for imported fuel oil is set to fall this year as refiners snap up new flows of heavy Venezuelan crude, yielding more domestically produced fuel oil that can be processed into higher-value
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