NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.
Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil demand outlook.
Brazil, Guyana and Argentina drive a fast-growing share of global oil output.
OPEC+ oil producers are set to approve another big output boost for September as they complete the unwinding of voluntary output cuts by eight members and allow the United Arab Emirates to pump more t
Crude oil slips over 1% as OPEC+ output hike and weak China demand weigh on prices. Traders brace for volatility amid rising global supply concerns.
OPEC+ will increase oil production even more rapidly than expected next month as eight key alliance members agreed to raise supply by 548,000 barrels a day at a video conference on Saturday. The count
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in September, which would complete the unwinding of 2.2 million bpd of voluntary c
Oil prices slipped 1% at the start of trading on Monday after OPEC+ accelerated output hikes and raised concerns about oversupply.
The Organization of the Petroleum Exporting Countries and its allies announced Saturday they will increase oil production by a larger-than-expected amount in August, as part of a continuing effort to
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of next week's trade.
CNBC's assignment desk has a conundrum this week: how to approach July, 9 — the deadline for trade negotiations between the U.S. and European Union. We should get some clues from Brussels on Tuesday
The Organization of the Petroleum Exporting Countries and its allies, or OPEC+, said that it has agreed to raise oil output by 548,000 barrels a day in August on Saturday.
OPEC+ agrees to a larger output hike, raising oversupply risks. Traders watch crude oil for a potential price drop as markets prepare for Monday's session.
OPEC+ agrees to a larger output hike, raising oversupply risks. Traders watch crude oil for a potential price drop as markets prepare for Monday's session.
An eight-nation subset of the oil-producing OPEC+ alliance agreed to lift production by a larger-than-expected 548,000 barrels per day in August. The group comprises heavyweight producers Russia and S
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