NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
U.S. crude oil extended last week's gains as Middle East tensions continue to weigh on the market. Futures are trading higher even as OPEC lowered its demand forecast in part because of economic uncer
Crude oil on track for further gains with tightening supply and bullish economic indicators. Can upcoming CPI data push prices to new highs?
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining more than 50 points on Friday.
Oil markets continue to rebound, supported by geopolitical tensions and the recent U.S. job market report.

Watching crude oil's recovery

12:28pm, Friday, 09'th Aug 2024
Amrita Sen, Energy Aspects founder and director of research, joins 'Money Movers' to discuss what the moves in crude oil are signaling, how much energy markets are tracking tensions in the Middle East
The crude oil market has been noisy this week, as the markets are trying to do everything, they can to stay in the same range that we have been in for most of the past two years.
The crude oil market has seen a bit of a bounce over the last few days, from a deep pullback. However, there are a lot of things that are pushing and pulling the markets back and forth.
The stock market rebound after Monday's sell-off and Middle East tensions have combined to lift oil prices this week. Israel is girding for retaliatory strikes by Iran and the Hezbollah militia in Leb
Oil futures were on track Friday to snap a streak of four straight weekly declines, finding support as worries over the U.S. economic outlook eased and traders braced for potential retaliatory strikes
Oil prices gain 3% weekly on Middle East tensions and strong US jobs data. Technical breakout above 200-day MA signals bullish momentum.
WTI crude oil surges past $76, fueled by geopolitical tensions and strong U.S. data, setting the stage for potential further gains.
Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October, according to data, analysts a
Oil prices edged down in early Asian trading on Friday but were on track to gain more than 3% for the week as U.S. jobs data calmed demand concerns and fears of a widening Middle East conflict persist
Crude oil completes a 38.2% Fibonacci retracement at 76.99, signaling potential for a bullish breakout as it targets the top of a symmetrical triangle.
Oil prices continue to rebound after the recent sell-off.
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