NYSEARCA:XOP

Spdr(r) S&p(r) Oil & Gas Exploration & Production Etf ETF News

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$168.39
+2.40 (+1.45%)
At Close: Jun 08, 2026
Gasoline inventories declined by 2.0 million barrels from the previous week.
The oil market continues to see a lot of noisy trading as the market continues to focus on the idea of perhaps a slowing global economy and trade overall.
Crude oil futures rise 1% on bullish trade talk signals and Iraq's output cut plan, though IEA and OPEC demand downgrades keep oil outlook bearish.
Oil prices retreat as supply builds and demand forecasts fade. WTI slips on bearish data, with resistance near $61.55 capping recovery attempts.
The European Commission is expected to vote on a "comprehensive" strategy to cut off Russian oil and gas imports three years after the start of its war on Ukraine.
Zahabia Gupta from S&P Global Ratings explains why the ratings agency upped Saudi Arabia's credit rating to A+, despite some headwinds from lower oil prices, a possible global economic slowdown, and a
The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight countries that have exceeded voluntary production quotas within the OPEC+ gro
Mosman Oil and Gas Ltd (AIM:MSMN) told investors it has confirmed the presence of helium and methane at its Sagebrush-1 well, in Colorado, through a review of historic data. The company's technical te
Oil prices were flat early on Wednesday, as shifting U.S. trade policies fuelled uncertainty while markets assessed the potential impact of the U.S.-China trade war on economic growth and energy deman
Oil prices edged higher in the early Asian session on possible position adjustments.

IEA Slashes Global Oil Demand Forecasts

05:29pm, Tuesday, 15'th Apr 2025
Natasha Kaneva, JPMorgan head of global commodities, shares her thoughts about oil demand and how oil prices are tied to the US dollar. Kaveva also says copper is trading too high at the moment.
After a 31.6% drop, crude rebounded sharply and is now consolidating, setting the stage for a possible second rally leg above resistance.
OPEC and IEA have recently lowered their oil demand outlook for 2025, but markets showed little reaction to the news.
U.S. oil production will peak at 14 million barrels per day (bpd) in 2027 and maintain that level through the end of the decade, before rapidly declining, the U.S. Energy Information Administration (E
- Brent seen at $66 next year as US shale set to pull back and OPEC+ faces tough choices JP Morgan has cut its oil price forecasts sharply, warning that a mix of aggressive trade policy and shifting s
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