Sign In
Buy XOP
$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
U.S. sanctions on Russia hit oil freight rates
09:34am, Thursday, 16'th Jan 2025
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels that were "largely oil tankers that are part of the shadow fleet as well as oil t
See oil price risks skew to the upside in the near-term, says Goldman Sachs' Samantha Dart
08:14am, Thursday, 16'th Jan 2025
Samantha Dart, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the energy sector, 2025 outlook, and more.
Oil prices edge lower after closing at 4-month high
07:06am, Thursday, 16'th Jan 2025
Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories.
Oil major BP to cut thousands of jobs in cost-cutting drive
06:12am, Thursday, 16'th Jan 2025
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, citing a company spokesperon.
Oil News: Crude Prices Hold Near Multi-Month Highs, Bullish Momentum Tested
05:51am, Thursday, 16'th Jan 2025
Light crude steadies near multi-month highs as bullish momentum tests key resistance. Inventory draws and demand growth fuel optimism for oil prices.
Natural Gas and Oil Forecast: Is OPEC+ Caution Supporting Brent's Bullish Outlook?
01:38am, Thursday, 16'th Jan 2025
Geopolitical tensions and OPEC+ caution drive volatility in oil and natural gas markets. Key levels and demand forecasts reveal bullish and bearish trends.
Oil rises as US inventory declines heighten supply concerns
09:14pm, Wednesday, 15'th Jan 2025
Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian energy trade.
Oil and Natural Gas Technical Analysis: US Sanctions Propel Breakouts
08:54pm, Wednesday, 15'th Jan 2025
WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.
Oil Rises on Softer-Than-Expected U.S. Inflation Data
08:12pm, Wednesday, 15'th Jan 2025
Oil rose in early Asian trade. The market has made a remarkable rebound this week, primarily supported by positive surprises in U.S. inflation data, Pepperstone said.
Oil markets face 'temporary shock' of U.S. cold weather and sanctions on Russia, says c Energy
05:00pm, Wednesday, 15'th Jan 2025
Jarand Rystad, CEO and founder of Rystad Energy, says the oil market is "fundamentally" oversupplied in 2025.
OPEC's Optimism Clashes With IEA's Conservative 2025 Oil Growth Projections
02:47pm, Wednesday, 15'th Jan 2025
The International Energy Agency has revised its global oil demand outlook slightly for 2025, projecting growth of 1.05 million barrels per day, down from the previously estimated 1.1 million barrels d
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Multi-Month Highs As Crude Inventories Decline
01:51pm, Wednesday, 15'th Jan 2025
WTI oil is up by 2% as traders focus on the EIA data and bet on the continuation of the strong rally.
U.S. Crude Oil Stockpiles Extend Decline
11:11am, Wednesday, 15'th Jan 2025
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds.
Oil is no longer an energy security challenge as critical minerals take center stage, Saudi minister says
11:00am, Wednesday, 15'th Jan 2025
"Oil is no longer an energy security challenge – it's going to be gas, electricity, predominantly minerals," Saudi Energy Minister Abdulaziz bin Salman told attendees at the annual Future Minerals F
Crude Inventories Decline By 2 Million Barrels; WTI Oil Trades Near Session Highs
10:47am, Wednesday, 15'th Jan 2025
Gasoline inventories increased by 5.9 million barrels, exceeding analyst expectations.
