NYSEARCA:XOP

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$165.99
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At Close: Jun 05, 2026
OPEC+ supply increase and sluggish U.S. demand weigh on natural gas and oil prices. Discover the key levels to watch.
Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish demand in China and the U.S., the world's two
Supply cuts in Libya and Iraq may support oil prices, but demand worries and OPEC+ plans could limit gains. Read the full oil market analysis now.
Oil markets are under strong pressure ahead of the weekend.
Oil prices fell in August, raising uncertainty over whether major oil producers will gradually pare back voluntary crude production cuts as planned starting on Oct. 1.
The crude oil market has been going sideways overall for the last 18 months, and despite the fact that the week was fairly negative, the reality is that nothing has changed in this market.
The crude oil market has been rather negative in the early hours of Friday, as the markets are still trying to sort out where we are going from an economic standpoint, and therefore we are seeing this
Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia and OPEC+ allies prepare to ease some output cuts fro
Oil prices hold weekly gains as Libya and Iraq disrupt supply, while stronger U.S. data and weak Chinese demand create a mixed outlook for crude oil.
Oil's bullish momentum faces uncertainty as China's demand slump raises concerns for natural gas and oil markets. Can prices sustain their recent gains?
Oil prices were steady in early trading on Friday as investors weighed supply concerns in the Middle East against signs of weakened demand.
Crude oil tests key trendlines within a symmetrical triangle pattern, signaling a pending breakout that could determine the next major market move.
OPEC on Thursday said that Iraq presented clear and determined steps to compensate for over-produced volumes of oil and gave assurances that it would achieve full conformity going forward.
Oil markets are moving higher as U.S. GDP Growth Rate report exceeded expectations.
The crude oil market has rallied a bit in the early hours of Thursday as the market is going to continue to look for some kind of longer-teem momentum. At this point in time, it is likely that we will
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