NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
India can leverage its growing energy demand to negotiate better oil and gas supply deals, Oil Minister Hardeep Singh Puri said on Friday, as its refiners continue seeking alternatives to Russian oil.
Crude oil continues to form a nice trading range as traders are stuck between narratives of trade wars and supply/demand imbalances.
SLB's stock rallies toward a near two-year high after a big earnings beat, adding to the historic gains it has already seen this month.
Iran's worst unrest in years has prompted sharp U.S. warnings to Tehran against killing protesters or restarting its nuclear program.
Oil production at Kazakhstan's vast Tengiz oil field, one of the world's largest, has not resumed since its operator announced a shutdown on Monday, a spokesperson for Chevron , which owns 50% of Kaza
U.S. President Donald Trump's renewed threat against Iran have stoked fears of possible supply disruption in the oil-rich Middle East. Oil prices were trading higher on Friday morning after Trump said
Oil and gas prices stabilize as geopolitical tensions shape supply risks, with WTI near $60 and natural gas consolidating after a sharp breakout above $4.80.
U.S. control of Venezuela's oil exports has ensnared barrels that had been servicing debt to China, lining up another potential showdown between the two superpowers that could further complicate the S
Oil prices rebounded on Friday after U.S. President Donald Trump renewed threats against major Middle Eastern producer Iran, raising concerns of military action that could disrupt supplies.

Oil Rises on Possible Technical Recovery

08:12pm, Thursday, 22'nd Jan 2026
Oil rose in Asian trade on a possible technical recovery after WTI and Brent settled lower overnight.
Crude oil is testing key support after a pullback, with bullish reversal signals still intact as price action sets up a potential continuation higher.
Sen. John Hoeven, R-N.D., discusses a proposed $15 billion farm aid package and President Donald Trump's efforts to cut energy prices and American energy dominance.
The bearish EIA report put additional pressure on oil markets.
The Trump administration is allowing China to purchase Venezuelan oil but not at "unfair, undercut" prices at which Caracas sold the crude before the U.S. removed its leader Nicolas Maduro, an adminis

U.S. Crude Oil Stockpiles Post Weekly Increase

12:34pm, Thursday, 22'nd Jan 2026
Commercial crude oil stocks rose last week by 3.6 million barrels as refineries ran at a slower rate, said the Energy Information Administration.
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