NYSEARCA:XOP

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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil prices fell for a third day on Wednesday on rising crude inventories and production in the U.S., the world's biggest oil consumer, along with increasing hopes of a ceasefire agreement in the Middl
Ceasefire talks will have no impact on Israel's decision to fight against Hamas in Rafah.

High Oil Prices Could Keep Inflation Up

12:26pm, Tuesday, 30'th Apr 2024
Despite evidence that economic growth is beginning to slow, the Fed isn't close to cutting rates, notes Greg McBride. He talks about how until inflation begins to cooperate, expect a continued ‘wait
OPEC oil output has fallen in April, a Reuters survey found on Tuesday, reflecting lower exports from Iran, Iraq and Nigeria against a backdrop of ongoing voluntary supply cuts by some members agreed
The crude oil markets continue to look for some kind of direction, as we are essentially in the middle of the larger consolidation area in both grades that I deal with.
Oil futures edged higher Tuesday morning, consolidating after a slump in the previous session, which was tied to cease-fire talks between Israel and Hamas that damped fears of a wider conflict that co
A group of Western insurers has said a Russian oil price cap has become unenforceable and only pushed more ships into joining a shadow fleet, delivering one of the harshest rebukes to the measure that
Amid easing Middle East tensions from ceasefire talks, WTI Oil slides to $83.15, wrestling with pivotal resistance at $83.20.
Oil edged down in early trade on Tuesday after Israel-Hamas ceasefire talks in Cairo helped quell market fears of an expanded conflict in the Middle East, while worries about the outlook for U.S. inte
Finnish refiner Neste said on Monday its president and CEO Matti Lehmus would be stepping down and that the company was launching a hunt to find his replacement.
Oil traders focus on another round of Middle East talks and prepare for the Fed Interest Rate Decision, which will be released on Wednesday.

Expectations for Crude Oil Prices

11:48am, Monday, 29'th Apr 2024
Chris Robinson discusses the expectations for crude oil prices. He talks about where energy prices are headed and what that means for investors.
Israel is waiting for Hamas to respond to a cease-fire proposal, an Israeli official told NBC News.
Saudi Arabia's Minister of Economy and Planning Faisal Alibrahim speaks about the growth of the country's non-oil economy and progress on the Kingdom's Vision 2030 economic transformation plan. He spe
Faisal Al Ibrahim, Saudi Arabia's minister of economy and planning, discusses the economic impact of geopolitical tensions in the Middle East and provides an update on the kingdom's Vision 2030 initia
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