NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Crude oil's decline intensified today, hitting $61.41, with a close below $61.50 likely to confirm bearish control and subsequent lower target at $58.39.

Opinion | Ukraine is Starving Russia of Oil

03:28pm, Thursday, 09'th Oct 2025
Putin could be forced to choose between sustaining the war and maintaining payouts to his oligarchs.
Oil markets are losing ground as geopolitical risk premium declined.
The crude oil market continues to see a lot of noise, but at this point in time, it is likely that we will continue to see a bit of resistance above, and a lot of overall selling pressure on the whole
Crude oil stalls below key moving averages as Gaza ceasefire and Ukraine tensions reshape the near-term oil outlook. Traders eye bearish signals.
WTI steadies above $62.6 as easing geopolitical risks and firm U.S. demand keep oil prices supported despite rising inventories.
Oil rebounded on the back of geopolitical tensions and limited OPEC+ output, while natural gas held above key support levels following a correction.
Oil prices fell in early trade on Thursday after Israel and Hamas agreed to the first phase of a plan to end the war in Gaza, weighing on oil's war risk premium and pushing investors to sell.
Oil markets continue to move away from multi-month lows.
The crude oil market has risen again in the early hours of Wednesday, as we are trying to see a return to the previous consolidation area. At this point, I suspect there is a only a matter of time bef
Prices of major commodities rose on Wednesday with gold breezing past the $4,000-per-ounce mark for the first time ever.  Investors in the oil market shrugged off fears of oversupply with prices risi
WTI crude nears key moving average resistance as rising U.S. output and inventory builds weigh on the oil outlook. Traders eye technical levels for direction.
OPEC+'s cautious output policy and rising geopolitical tensions lift natural gas and oil prices, as supply risks and U.S. production growth shape market sentiment.
Oil prices rose on Wednesday as investors brushed off oversupply fears, having digested a decision earlier by OPEC+ to restrain production increases next month.
US stock futures edge higher in Asia as weak Japanese wage growth cools BoJ hike bets, lifting risk sentiment despite US shutdown worries.
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