NYSEARCA:XOP

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

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil prices are under pressure after Christmas.
The crude oil market continues to see a lot of sideways action overall, as the markets are trying to build some kind of base. That being said, it is the wrong time of year to expect big moves, and the

Oil prices climb on Chinese stimulus hopes

08:22am, Thursday, 26'th Dec 2024
Crude oil prices climbed on Thursday as hopes for more Chinese government stimulus helped boost demand for the commodity.
Carly Garner reviews crude oil's year, where price stayed quiet even with geopolitical catalysts. She doesn't think crude has “appreciated” the high level of the U.S. dollar, which she says is wor
Crude futures climb as China's stimulus fuels demand hopes. Key technical breakout points to further price gains with inventory draws reinforcing bullish sentiment.
Vandana Hari, founder of Vanda Insights, says that the cartel does not have "the bandwidth to prop prices much higher."
Oil edges higher, buoyed by China's $411B stimulus plan, tightening U.S. inventories, and improving global demand forecasts.
Natural gas prices have broken higher from a key level while the oil market consolidates and searches for its next direction.

Oil Edges Higher Amid Geopolitical Tensions

09:12pm, Wednesday, 25'th Dec 2024
Oil prices edged higher in early Asian trading amid heightened geopolitical tensions.
Oil prices edged higher on Thursday in thin holiday trading, driven by hopes for additional fiscal stimulus in China, the world's biggest oil importer, while an anticipated decline in U.S. crude inven
Oil prices face bearish pressure in 2025 as rising supply outpaces demand. Analysts expect Brent to hold near $74, but risks of a drop below $50 persist.
Crude oil prices rise amid global uncertainty with OPEC+ production delays and potential sanctions on Russian and Iranian exports supporting price growth.
Consolidation continues for crude oil, but a bullish breakout above 71.41 could signal momentum toward key resistance and higher price targets.
WTI oil is trying to settle back above the psychologically important $70.00 level.
The oil markets are all slightly positive in the early hours of Tuesday, as the thin conditions persist. However, this is a market that should continue to look somewhat solid, as the demand will almos
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