NYSEARCA:XOP

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At Close: Jun 05, 2026
Oil prices are expected to rise on Monday after Iran's attack on Israel over the weekend, analysts said on Sunday, but further gains may depend on how Israel and the West choose to retaliate.
Oil prices are expected to rise on Monday after Iran's attack on Israel over the weekend, analysts said on Sunday, but further gains may depend on how Israel and the West choose to retaliate.

Crude Oil Price to Remain Supported Through 2Q

06:05pm, Friday, 12'th Apr 2024
We anticipate crude oil price to remain supported through 2Q in geopolitical tension and fundamentals, notes Macquarie Groups, Vikas Dwivedi. He discusses what's next in energy markets, as crude oil p

Oil prices rise as Iran threatens Israel

05:07pm, Friday, 12'th Apr 2024
Oil (CL=F, BZ=F) prices are rising amid escalating tensions in the Middle East. Ines Ferré joins Market Domination to explain the spike in prices, noting a report that Israel is preparing for an Iran
Oil prices are moving higher amid concerns that Iran may retaliate for an attack on its embassy in Damascus.
Oil futures hit $92 per barrel on Friday (April 12, 2024) as tensions between Israel and Iran escalated overnight, with Israeli Prime Benjamin Netanyahu meeting his top officials and asking them to pr
Oil prices surged on Friday as tensions in the Middle East outweighed concerns about slowing global demand growth and delayed interest rate cuts.

Technical Trends to Watch for in Crude Oil

01:20pm, Friday, 12'th Apr 2024
Crude oil (/CL) remains near its 2024 high. David Williams discusses the technical trends to watch for crude oil.
The crude oil markets continue to see a lot of upward pressure as there are a lot of factors out there to send oil higher overall.
The crude oil markets rallied again on Friday, as we have seen a lot of pressure present itself in the petroleum markets.
The numbers: The cost of imported goods rose in March for the third month in a row because of higher oil prices, adding a little bit to upward pressure on U.S. inflation.
Crude futures moved higher Friday morning, shaking off weakness seen after the International Energy Agency lowered its forecast for oil-demand growth, with jitters around Middle East tensions providin
Middle East tensions, supply disruption fears boost oil prices, but IEA sees slower demand growth and expects supply rise.
Rising geopolitical tensions in the Middle East propel oil prices higher, despite underlying concerns of slower U.S. rate cuts impacting weekly trends.

Oil prices head back up on Middle East jitters

08:41pm, Thursday, 11'th Apr 2024
Oil prices rose in early trade on Friday on heightened tensions in the Middle East, where Iran has promised to retaliate for a suspected Israeli air strike on its embassy in Syria, which could risk di
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