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Buy XOP
$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats From Session Highs As Traders Focus On EIA Data
02:50pm, Thursday, 05'th Sep 2024
Oil traders remain bearish despite the delay in OPEC+ production hike.
OPEC+ agrees to delay October oil output hike for two months
01:07pm, Thursday, 05'th Sep 2024
OPEC+ has agreed to delay a planned oil output increase for October and November, the producers group said on Thursday after crude prices hit their lowest in nine months, adding that it could further
Citi Says Oil Prices Could Plunge Below $60 Amid Market Uncertainty
12:42pm, Thursday, 05'th Sep 2024
On Wednesday, Citi stated that if OPEC+ doesn't cut production further, the average price of oil could fall to $60 per barrel in 2025, driven by reduced demand and increased supply from non-OPEC count
OPEC's Production Pause Halts Oil's Slide
12:12pm, Thursday, 05'th Sep 2024
The agreement means that the market is less worried about oversupply heading into the fall.
Crude Inventories Decline By 6.9 Million Barrels
11:14am, Thursday, 05'th Sep 2024
EIA natural gas storage build of +13 Bcf missed analyst estimates.
OPEC+ members delay plans to hike production by two months after oil price slump
10:34am, Thursday, 05'th Sep 2024
Members of the OPEC+ oil alliance have delayed plans to hike production by a scheduled 180,000 barrels per day in October, according to two OPEC+ sources, who could only speak anonymously due to the s
Crude Oil Price Forecast – Crude Oil Continues to Drift Lower
10:25am, Thursday, 05'th Sep 2024
The oil market continues to see selling pressure, as we are trying to sort out whether or not the bottom will hold. The market has been range bound for some time now, and we are at extreme lows, and t
Natural Gas News: Futures Test Key Pivot at $2.145 as Market Awaits EIA Storage Report
08:27am, Thursday, 05'th Sep 2024
Natural gas futures test key pivot at $2.145, with EIA report expected to spark volatility. Mild weather limits demand, but LNG exports provide price support.
U.S. crude oil trades above $69 per barrel after two straight days of losses
08:25am, Thursday, 05'th Sep 2024
The U.S. benchmark has shed more than 5% this week, while the Brent global benchmark is down 7.2%. Crude oil futures have lost all gains for the year.
Oil prices attempt bounce off 2024 lows after inventory drop as traders watch OPEC+
07:50am, Thursday, 05'th Sep 2024
Oil futures rose Thursday, attempting to get their footing after falling to their lows of 2024 on fears of an economic slowdown.
OPEC+ nearing agreement to delay oil output hike, sources say
07:23am, Thursday, 05'th Sep 2024
OPEC+ is nearing an agreement to delay an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, two sources from the producer group told Reuters on Thursd
Oil News: Crude Prices Stabilize on U.S. Inventory Drop as OPEC+ Weighs Supply Delay
07:00am, Thursday, 05'th Sep 2024
Oil prices rise as U.S. crude inventories plunge and OPEC+ considers delaying output hikes. Read the latest on demand concerns and price forecasts.
Why it's ‘practically impossible' for OPEC+ to boost oil output now
07:00am, Thursday, 05'th Sep 2024
Signs of weaker oil demand have pulled prices for the commodity to their lowest levels of the year, complicating plans by major oil producers to increase crude production in the fourth quarter.
Weak China Demand Hurts Oil, OPEC+ Nears Deal to Postpone Output Increase
06:21am, Thursday, 05'th Sep 2024
Oil prices edged higher after hitting a 14-month low on weak China demand, as OPEC+ closes in on an agreement to postpone a planned production increase. Bloomberg's Will Kennedy reports.
Natural Gas and Oil Forecast: Will OPEC+ Delay Boost Oil Prices Amid Bearish Trends?
01:54am, Thursday, 05'th Sep 2024
OPEC+ delays and a strong U.S. dollar impact oil prices. Market sentiment remains bearish with key resistance levels posing challenges for further upside.
