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
With oil falling over 3% this week, market analysts question the impact of Federal Reserve policies and OPEC+ decisions.
A subsidiary of state-run China National Offshore Oil Co , has signed oil exploration and production contracts with Mozambique's energy ministry and national energy company ENH, Chinese media said on
Oil prices were steady early in the session on Friday as players took stock of the U.S. Federal Reserve's latest comments on interest rates amid sticky inflation, while firming seasonal U.S. fuel dema
WTI crude oil's lowest close since February 26 indicates weakening, with potential bearish continuation on a drop below 76.83.
Oil traders worry that hawkish Fed may hurt oil demand growth.
The crude oil markets bounced a bit in the early hours of Thursday, as the market continues to try to sort out whether or not we can break out of the consolidation.
Russia, in a rare admission of oil overproduction, said overnight that it exceeded its OPEC+ production quota in April for "technical reasons", a surprise move that analysts and industry sources say s
U.S. crude oil is down 2.4% for the week while Brent, the global benchmark, is down 1.8%.

Oil prices attempt to snap 3-day losing streak

07:36am, Thursday, 23'rd May 2024
Oil futures rose Thursday morning, attempting to snap a three-day losing streak as investors weigh the outlook for Federal Reserve policy and crude demand.
Oil prices eased for a fourth straight day on Thursday on worries that U.S. borrowing costs could be hiked again if inflation surged, a move that could hurt oil demand.
Citi Research continues to expect that OPEC+ will hold its production cuts through the third quarter of this year, it said in a note on Wednesday.
U.S. lawmakers behind a congressional probe of major oil companies on Wednesday called on the Justice Department to investigate whether the industry deceived the public about fossil fuels' impact on c
Oil markets are moving lower amid demand worries.

Copper Rallies, Crude Oil Remains Below $80

12:13pm, Wednesday, 22'nd May 2024
Futures are lower after new record highs on Tuesday. Jake Hanley discusses this and explains the copper rally.
Gasoline inventories declined by 0.9 million barrels.
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