NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
The S&P 500 closed just below 5,700, dropping nearly ten points or 0.2% from the previous day. Meanwhile, the Nasdaq Composite remained relatively flat, the Dow Jones Industrial Average fell by 0.4%,
WTI crude oil prices in the U.S. rose over 5%, marking the third consecutive day of gains, fueled by ongoing tensions in the Middle East. This week, WTI oil has increased by more than 8%.
Political tensions and potential war in the Middle East have made the price of oil rip higher. This means there are opportunities to profit by investing or trading in the companies in the energy secto
What worries oil traders the most as tensions build in the wake of Iran's missile attack on Israel is a potential disruption to the flow of crude in the Middle East — and when it comes to Iran, expo
Oil prices rallied as traders focused on the comments of President Biden.
Oil surged with the market bracing for the possibility that Israel will include strikes on Iran's oil industry in retaliation for its recent missile barrage. President Joe Biden responded, “We're di
A calm 2024 for petroleum prices has given way to bets that a spike in energy prices could follow.
The recent increase in crude prices and energy stocks is all about Israel and Iran. But oil is still well below highs for the year.
OPEC oil output fell in September to its lowest this year, a Reuters survey found on Thursday, as unrest disrupted Libyan supply and Iraq made progress in complying with its cutbacks pledged to the wi
Bjarne Schieldrop, chief commodities analyst at SEB, discusses the oil market outlook amid elevated tensions in the Middle East.
Daan Struyven, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, latest oil price trends, energy market volatility, impact of MIddle East
U.S. crude oil has gained nearly 5% this week as traders fear Israel could retaliate against Iran by hitting crude infrastructure. OPEC+ spare oil capacity is keeping prices from running higher, analy
Russian Deputy Prime Minister Alexander Novak said the OPEC+ group of leading oil producer will continue to play a decisive role in global oil market stabilisation.
The crude oil market continues to see a lot of noise, but at this point in time, the market looks likely to try to break to the upside. All things considered, this is a market that will continue to tr
Recent options data indicates that investors are betting on further increases in oil prices due to escalating hostilities between Israel and Iran, which could threaten Middle Eastern energy infrastruc
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