NYSEARCA:XOP

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$168.39
+2.40 (+1.45%)
At Close: Jun 08, 2026
Russia, the world's second biggest oil exporter and the second largest natural gas producer, sees stable crude production and significant growth in natural gas production and exports over the next qua
Kazakhstan's oil output fell in the first two weeks of April from the March average, but is still above the OPEC+ quota it has pledged to meet after months of overproduction, an industry source told R

BP makes new oil discovery off US Gulf coast

05:03am, Monday, 14'th Apr 2025
BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday.
Initial data shows high-quality reservoirs and a potentially commercial volume of hydrocarbons, the company said.

Eni: Demand Side Dampens Oil Outlook

04:39am, Monday, 14'th Apr 2025
Eni S.p.A. is undervalued with an EV/EBIT of 2.3x for E&P and traditional oil businesses, significantly below peers, indicating a potential relative value play. Investments in Enilive and Plenitude ar
Lebanon's Economy Minister Amer Bisat discusses the impact of US President Donald Trump's tariffs and lower oil prices amid efforts to rebuild the economy. Lebanon adopted a draft law on restructuring
Energy prices stabilize as OPEC supply plans and easing geopolitical risks reshape forecasts; $61.30 WTI and $3.48 gas levels remain critical.
Investments focused on environmental, social and governance (ESG) factors tend to favor companies that score highly on certain criteria, such as climate change or corporate transparency. Tobacco giant
China's imports of crude oil rose in March from a year earlier, while those of soybeans, coal, iron ore and unwrought copper dropped, customs data showed on Monday.
China's crude oil imports in March rebounded sharply from the previous two months and were up nearly 5% from a year earlier, data showed on Monday, boosted by a surge in Iranian oil and a rebound in R
Goldman Sachs expects oil prices to decline through the end of this year and next year because of the rising risk of a recession and higher supply from the OPEC+ group.
Oil prices were flat in early trade on Monday on concerns the escalating trade war between the United States and China would weaken global economic growth and dent fuel demand.
Oil declined in the early Asian session. “In the short term, policy announcements will probably be the primary driver of commodity prices, Capital Economics said.
Global oil demand outlook dims with weaker China consumption and growing U.S. shale strain. Iran tensions offer limited support in a bearish market.
Crude oil outlook remains mixed as Iran sanctions threaten supply while tariffs hit demand, keeping futures stuck in a tight range.
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