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
The numbers are in, and they do all the talking.

IEO: Oil Prices Should Be Robust

02:33pm, Wednesday, 26'th Jun 2024
Uncertainty around S/D for oil is reduced by the OPEC+ telegraph. Geopolitical concerns create asymmetric upside for oil prices. While iShares U.S. Oil & Gas Exploration & Production ETF is oil-expose
Rising crude oil inventories and declining refinery inputs and gasoline production signal potential downward pressure on crude prices.
Dan Yergin, global vice chairman of S&P Global and author of 'The New Map: Energy, Climate, and the Clash of Nations,' joins CNBC's 'Squawk Box' to discuss oil and gas prices, energy demand, and more.
Rising Lower 48 production pressures July natural gas futures; Fed policy impacts WTI oil prices; Brent oil prices await PCE index insights.

Can Crude Reach Higher than $80?

11:02am, Tuesday, 25'th Jun 2024
Crude could go up to $90 or $91 or higher in the second half of 2024, notes David Williams. He discusses what the $80 level means for crude oil (/CL) traders.
By RoboForex Analytical Department
Crude oil markets pulled back a bit during the early hours on Tuesday, but it looks like we are going to continue to find support just below. Because of this, I think the overall upward trajectory sho
U.S. crude oil is trading just above $81 per barrel as prices have pulled back. West Texas Intermediate and Brent are ahead 5.5% and 4.9%, respectively, for the month.
Oil futures were lower Tuesday morning, consolidating after front-month Brent ended the previous session at a nearly two-month high, buoyed in part by geopolitical worries.
Geopolitical risks, strong US summer demand, and tightening inventories support near-term oil prices despite concerns about China's economic recovery.

HSBC's Williams on Oil Volatility

02:28am, Tuesday, 25'th Jun 2024
Simon Williams, HSBC Chief Economist, CEEMEA, discusses oil volatility due to geopolitics, He speaks with Joumanna Bercetche on Horizons Middle East & Africa. -------- More on Bloomberg Television and
Rising summer demand boosts market optimism as WTI trades at $81.65, suggesting a bullish trend for oil and natural gas.
Oil prices were little changed on Tuesday as worries about China's economic recovery prospects offset supply concerns stemming from tensions in the Middle East and Ukrainian attacks on Russian refiner
Analysts highlight the summer fuel demand surge and predictions of falling global inventories as key factors supporting crude oil gains.
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