NYSEARCA:XOP

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

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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
In a war between oil exporters, those dependent on energy imports find themselves at the forefront of a global crisis.
The past trading week saw oil prices rise by over 11%, as diplomatic efforts to bring peace to the Middle East continue to falter. Therefore, another price spike may well be on the horizon.
The Strait of Hormuz oil shock has yet to crash demand as the rich world borrows from its stocks and pays up to secure supply. Traders are now sounding the alarm that a harsh adjustment is coming.
There's optimism on Wall Street that military operations in the Persian Gulf may be winding down, but oil markets remain on edge.
The Breakwave Tanker Shipping ETF (BWET) has surged more than 600% since the beginning of the year, vastly outperforming fundamental energy trades like crude oil, which is up around 60% in the same pe
U.S.-U.K. tariff risk and the Persian Gulf oil shock are driving volatility across GBP/USD, EUR/GBP, the FTSE 100, U.S. stocks, bonds, and commodities as Fed liquidity continues to support risk assets
New European Union sanctions will ban condensate imports from Yamal LNG and other Russian projects that ​produce the light fuel as a byproduct of ‌their liquefied natural gas production from Janua
Exports of U.S. oil and gas have soared, but the U.S. will face obstacles turning wartime demand into a permanent boost
The gas price spike drove the University of Michigan's Index of Consumer Sentiment to the lowest level recorded in its over 73-year history. The index declined by 3.5 points in April, dropping to 49.

XOP: Re-Rating Non-Conflict Oil Stocks

05:24pm, Friday, 24'th Apr 2026
State Street SPDR S&P Oil & Gas Expl & Prod is rated a buy, offering diversified exposure to US shale producers poised for re-rating. Geopolitical risks, particularly the Iran war, are keeping over 10
Two of the world's largest oilfield-services companies just said what pretty much no one in America wants to hear.
The Trump administration said on Friday it imposed sanctions on an ‌independent "teapot" refinery in China for buying billions of dollars' worth of Iranian oil as Washington and Tehran struggle to r

What Hormuz Whiplash Means For Markets

01:35pm, Friday, 24'th Apr 2026
The world is fighting a two-front energy war. One front runs through the Strait of Hormuz, where Iran and the United States are locked in a standoff.
Even if the strait opened tomorrow, the hit to the global economy would be long lasting.
The oil markets continue to see a lot of questions asked, as we are trying to determine where the situation in the Middle East is heading. At this point, the only certainty is uncertainty.
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