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
Crude oil extended its bullish reversal Thursday, breaking above key levels and targeting higher resistance zones, though the rally remains countertrend within a broader downtrend.
Oil markets gain ground as President Trump will soon make an additional statement on negotiations with Russia.
The Trump administration has promoted an energy policy favorable to oil and gas, but the utilities sector within the S&P 500 has been the much stronger performer this year. The Utilities Select Sector
The crude oil market has been a bit noisy over the last few days, as we are trying to find a range from which to trade. At this point, there is a serious oversupply issue in this asset, and as a resul
India is walking a tightrope of tariffs from Washington, oil from Moscow, and an uneasy handshake with Beijing. It comes as Prime Minister Narendra Modi prepares for his first trip to China in more
Oil demand weakens post-Labor Day as Russian flows resume. Crude faces downside risk below 200-day moving average, pressuring near-term outlook.
Oil prices dipped on Thursday morning but Citi reckons they will remain supported for the rest of the quarter, before perhaps softening into the end of the year.  Brent crude front-month futures were
Anas Alhajji, Managing Partner at Energy Outlook Advisors, discusses the impact of President Trump's 50% tariff on India's Russian oil imports and why India's role in global oil markets is often misun
Saudi Arabia, the world's biggest oil exporter, may cut October crude oil prices for Asian buyers amid ample supply and weaker demand, refining sources said.
Volatility increased in Chinese crude and fuel oil futures markets this week on concerns U.S. sanctions on an oil storage terminal in east China would prevent physical deliveries for the contracts.
WTI crude consolidates between $62.55 and $65.12, while Brent compresses in a triangle. Natural gas eyes $3.04 resistance for bullish momentum.
Oil struggles with weak demand and trade tensions, natural gas rebounds with bullish momentum, and the US Dollar Index trends lower on bearish signals.
Oil prices fell on Thursday as investors weighed the outlook for U.S. fuel demand with the end of the summer driving season near, while assessing potential crude supply shifts as India faces punishing
Oil traders also focus on the new 50% tariff on Indian goods.
The crude oil market was very quiet in early Wednesday trading, but at this point, we are simply flooded with supply from OPEC, Russia, and the US. This is a market that has a serious supply issue, an
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