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
President Donald Trump is due to meet Friday in Alaska with Russian President Vladimir Putin. Crude-oil prices surged when Russia invaded Ukraine in 2022, and there is a potential for sizable moves de
Oil markets retreat as traders stay focused on rising supply.
Gasoline inventories decreased by 0.8 million barrels from the previous week.
The crude oil market has been somewhat negative in the early hours of Wednesday. At this point, the markets are looking to see a lot of volatility, and questions about the massive amount of drilling t
Crude oil prices dip as WTI breaks key support and the IEA slashes its oil demand outlook. Bearish signals build below 200-day moving average.
The International Energy Agency on Wednesday raised its forecast for oil supply growth this year following OPEC+'s decision to hike production and lowered its demand forecast due to lacklustre demand
WTI hovers near $63, Brent at $66, and natural gas tests $2.82. Technical setups point to critical breakout or breakdown zones in the coming sessions.
Oil prices were little changed on Wednesday after falling in the previous session after an industry report showed U.S. crude stockpiles climbed last week illustrating the end of the seasonal summer de
Crude oil's consolidation near $63.21 threatens a deeper drop, with bearish targets pointing toward the $60.66–$60.79 support zone if the current lows fail to hold.
The U.S. Energy Information Administration on Tuesday forecast Brent crude oil spot prices will average less than $60 per barrel in the fourth quarter, which would be the first quarter with average pr
The report showed that Saudi Arabia raised production by 170,000 bpd in July.
The crude oil market continues to see a lot of noisy trading, as we have seen a lot of drilling from the United States, OPEC, and Russia. With this, the supply part of the equation is rapidly changing
OPEC on Tuesday raised its forecast for global oil demand next year and trimmed its forecast for growth in supply from the United States and other producers outside the wider OPEC+ group, pointing to
WTI holds 200-day MA at $64.08 as U.S.–China tariff extension lifts sentiment; traders eye $66.64 breakout for next crude oil price move.
Geopolitical talks and API/EIA data could steer natural gas and oil prices, with EMA resistance and key support levels defining short-term market direction.
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