NYSEARCA:XOP

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

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
OPEC revised its global economic growth forecast for 2024 slightly higher to 2.9%. The cartel maintained its oil demand growth forecast of 2.2 million barrels per day for this year.
The Organization of the Petroleum Exporting Countries (OPEC) kept its 2024 and 2025 global oil demand growth forecasts unchanged at 2.25 million barrels per day (bpd) and 1.85 million bpd, respectivel
The short-term outlook for oil prices appears cautiously bullish as persistent withdrawals from global stockpiles contribute to tightening supply.
Oil and NG price have dipped below the 200 EMA, signaling potential further declines. Investors should prepare for more selling pressure in the coming days.
Oil prices rebounded on Wednesday following three days of declines after an industry report showed U.S. crude and fuel stockpiles fell last week, indicating steady demand, and the outlook for interest
Testing key support at the 20-Day MA, crude oil could see a bullish breakout if the line holds and strength returns.
Oil prices test new lows as traders stay focused on the developments in the Middle East.
A decline in margins has weighed on refining stocks
Hurricane Beryl made its way through the Caribbean before making landfall in Texas and being downgraded to a tropical storm, causing less damage than what was expected. Crude oil (CL=F, BZ=F) prices t
BP (BP) shares dip in pre-market trading after the energy giant anticipates its weak oil refining output to affect its second-quarter profits. BP's forecast comes after ExxonMobil (XOM) warns its own
With Hurricane Beryl making landfall in Texas and growing hopes for a potential cease-fire deal in the Gaza conflict, crude oil price activity remains in focus. #crudeoil #crude #oil #gasoline #refine
The port of Corpus Christi, a leading oil export terminal, has transitioned to post-storm recovery with no significant impact reported. All terminals at the port of Houston will remain closed Tuesday
Oil futures saw modest losses early Tuesday after Hurricane Beryl appeared to do little lasting damage to energy facilities, following the storm's landfall on the Texas coast a day earlier.
The limited impact of Hurricane Beryl and potential progress in Middle East ceasefire talks are exerting downward pressure on crude oil prices.
The U.K. Labour Party has vowed to increase taxes on fossil fuel producers.
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