NYSEARCA:XOP

Spdr(r) S&p(r) Oil & Gas Exploration & Production Etf ETF News

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$165.99
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At Close: Jun 05, 2026
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the first time in three weeks, energy services firm Baker Hughes said in its closely followed report on Friday.

What Rising Gas Prices Mean for the Economy

11:39am, Friday, 08'th Mar 2024
The markets are lower ahead of the jobs report. Carley Garner discusses this, along with how crude oil (/CL) remains below the $80 level.
Traders are parsing nonfarm payrolls data to assess where interest rates — and oil demand —will go.
Oil prices show variability due to growing demand in U.S. and China, with the market responding favorably to anticipated Federal Reserve rate cuts.
As US and China fuel a surge in demand, oil prices leap, with Natural Gas holding steady at $1.85, signaling a bullish market phase ahead.
Oil prices rose on Friday, driven by growing demand in the United States and China, the world's biggest oil consumers, and as the U.S. Federal Reserve gave a positive signal on possibility of rate cut
We remain optimistic about near-term prices for crude and advise investors to buy stocks like VAL, MUSA and SUN.
Crude oil markets continue to be very noisy, and I think that is a sign that we are building up momentum in a market that is running out of time before we start to eventually breakout to the upside.
Traders are currently debating whether crude oil's chart pattern suggests consolidation for a rally or distribution indicating a peak.
Oil prices ticked higher on Thursday after U.S. crude inventories rose less than expected last week and fuel stocks saw large draws.
WTI crude oil rises as Fed Chair Powell's rate cut signals boost demand outlook amid lower inventory build and ongoing OPEC+ production cuts.
U.S. crude oil stockpiles last week rose less than expected as refining rates picked up sharply, data from Energy Information Administration (EIA) showed on Wednesday.
Crude oil markets continue to find buyers every time they do, and I think that it is probably only a matter of time before we truly break out. The Wednesday session has done nothing to change my attit
Traders will be closely watching Powell's testimony before the House for detail on the possible timing of interest rate cuts.
Powell's testimony, EIA inventories report could influence crude oil markets on Wednesday, amid concerns over China's growth target impacting demand.
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