NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil prices were little changed early on Tuesday after a hurricane that hit a key U.S. oil producing hub in Texas caused less damage than expected.
Oil traders focus on Gaza ceasefire talks.
Crude oil has been in a good uptrend off the June low but energy stocks have struggled in a big way.  We can see this in a number of reversals unfolding around the energy complex.

Crude Oil Retreats from Highs

10:28am, Monday, 08'th Jul 2024
June CPI data is going to be released on Thursday morning. Scott Bauer previews the next FOMC meeting which takes places July 30 and 31st.
Hurricane Beryl made landfall in Texas shortly before 4 a.m. local time Monday near Matagorda, between Houston and Corpus Christi, as a Category 1 hurricane, leaving some oil operations at risk for di
Hurricane Beryl made landfall near Matagorda, Texas as a Category 1 storm. Matagorda is about 150 miles northeast of Corpus Christi, a leading crude oil export facility.
Oil prices face support from potential Tropical Storm Beryl supply disruptions and inventory draws, despite easing geopolitical tensions.
WTI falls below $83 as geopolitical tensions ease, raising concerns of a potential sell-off in the oil market.
Oil prices were little changed as investors eyed energy supply disruption, with the largest ports in Texas shut before Tropical Storm Beryl likely strengthens into a hurricane and makes landfall on Mo
Chevron has struggled relative to the S&P 500 in 2024 despite rising oil prices, but the stock still sports a favorable valuation. Q1 results showed mixed performance, with strong production and cash
The short-term outlook for oil prices remains bullish, supported by tightening supply, strong summer demand, and geopolitical factors.
Denton Cinquegrana, Oil Price Information Service chief oil analyst, joins 'Fast Money' to talk how to play oil prices this summer.
WTI oil needs additional positive catalysts to settle above the key resistance at $83.50 – $84.50.
Beryl made landfall on Mexico's Yucatán Peninsula on Friday. Shell, Chevron, and Exxon Mobil have evacuated personnel from projects in the Gulf.
The crude oil market continues to see a lot of upward pressure in general, as the week has shown more buying pressure. Furthermore, we are in the midst of summer, which is a massive boost for demand y
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