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Buy XOP
$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Natural Gas and Oil Forecast: Prices React to Saudi Exports and Fed Meeting
01:48am, Tuesday, 11'th Jun 2024
Oil dips to $77.69 as investors anticipate U.S. inflation data and the impact of Saudi crude export reductions.
Oil prices extend rally on potential U.S. crude purchase for reserve
08:59pm, Monday, 10'th Jun 2024
Oil prices rose on Tuesday, extending the previous day's rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a firme
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Bet On Strong Summer Demand
02:23pm, Monday, 10'th Jun 2024
Goldman Sachs analysts have set a $86 price target for Brent oil in the third quarter.
Crude Oil Price Forecast – Crude Oil Continues to Look For Buyers
09:55am, Monday, 10'th Jun 2024
The crude oil market rallied slightly in the early hours on Monday, as the market digests a lot of oversold conditions, and of course the attack on shipping over the weekend.
Oil prices edge higher after weekly loss as Goldman sees supply deficit on summer fuel demand
08:51am, Monday, 10'th Jun 2024
Oil prices rose Monday after posting a loss last week in the wake of the OPEC+ decision to increase production later this year. Goldman Sachs analysts said Brent should rise to $86 in the third quarte
Diamond Offshore Is Being Acquired. The Oil Sector Keeps Consolidating.
08:04am, Monday, 10'th Jun 2024
Noble Corp. is buying Diamond Offshore Drilling in a deal valued at about $1.6 billion.
Oil prices nudge higher after third straight weekly loss
06:50am, Monday, 10'th Jun 2024
Oil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year helped send crude to a third straight we
Crude Oil News Today: Gains Support as Bulls Await Next Catalyst
06:27am, Monday, 10'th Jun 2024
Given the expected rise in summer transport demand and projected inventory declines, the short-term outlook for oil prices appears cautiously bullish.
Oil market selloff was 'overdone,' says strategist
05:30am, Monday, 10'th Jun 2024
John Driscoll of JTD Energy Services cautions the market against underestimating Saudi Arabia's energy minister, Abdulaziz bin Salman.
Natural Gas and Oil Forecast: WTI at $75.76, More Upside Ahead or Sell-Off?
01:56am, Monday, 10'th Jun 2024
Oil prices rise to $75.76 on anticipation of higher summer fuel demand, despite the impact of a stronger U.S. dollar.
Oil slips on dollar's strength from US jobs data
08:54pm, Sunday, 09'th Jun 2024
Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday
OPEC's Strategy To Outlast The Shale Boom
02:42pm, Sunday, 09'th Jun 2024
Since 2008, the shale boom has grown U.S. oil production by about 9 million barrels per day. In the early days of the shale boom, when it wasn't clear whether this development would have a significant
Saudi oil giant Aramco's shares rise after stock sale set to raise $11.2 billion
04:42am, Sunday, 09'th Jun 2024
Shares were trading around 28.25 Saudi riyals ($7.53) on the Tadāwul Saudi stock exchange at 11:30 a.m. local time (4:30 a.m.
Crude Oil News Today: Will Hawkish Fed Policy Drive Prices Below $70?
04:19am, Saturday, 08'th Jun 2024
Given the prevailing conditions and the possibility of prolonged high interest rates, the outlook for crude oil remains bearish for the coming week.
