NYSEARCA:XOP

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At Close: Jun 05, 2026
Incoming Chairman Albert Manifold moved his last company's main listing to New York from London.
EU sanctions, Iran talks, and U.S. tariffs pressure crude oil futures, with WTI holding key support. Read the full oil outlook and technical analysis now.
Crude oil holds steady as traders weigh EU sanctions and trade talks. Brent eyes $70.60 while WTI consolidates near $67 with key support at $65.56.
Carole Nakhle, CEO of Crystol Energy explains why the EU's latest oil price caps on Russia are likely to be more effective than previous sanctions. However, she says U.S. sanctions on buyers of Russia
Oil prices barely budged on Monday as traders eyed the impact of new European sanctions on Russian oil supply, rising output from Middle East producers and concerns about fuel outlook as tariffs weigh
WTI crude holds above 52-week moving average at $66.05 as Fed policy clashes with OPEC risks. Oil outlook targets $69.89 pending rate cuts and sanctions clarity.
Earlier this month, the Organization of Petroleum Exporting Countries made yet another attempt to counter energy market chatter about oil demand peaking over the medium- to long-term.
Crude oil holds $65.38 long-term support as traders weigh Fed policy, OPEC signals, and EU sanctions. Oil outlook stays neutral without breakout.
The acquisition of Hess—and its stake in a generational oil find—helps clear up lingering doubts about Chevron's growth prospects.
SLB CEO Olivier Le Peuch joins CNBC's "Power Lunch" team to discuss the company's latest earnings report, oil markets and more.
Oil traders bet that new sanctions on Russia from the EU will fail to limit supplies from the country.
The FTC reversed an order barring Scott Sheffield from Exxon's board, but the former Pioneer CEO said he was no longer interested in joining.
The crude oil market continues to see a lot of buying on short-term pullbacks, as the market looks at the same support levels. At this point, the season trade is in effect, although it is slow this ye
WTI crude steadies near $67 as traders weigh EU sanctions, Iraq supply risks, and a cautious oil outlook with key support at $64 still holding firm.
Chevron has prevailed against Exxon Mobil in a dispute over Hess Corporation's offshore oil assets in the South American nation of Guyana.
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