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Buy XOP
$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Crude Oil Price Forecast – Crude Oil Markets Pricing In Recession
10:57am, Monday, 04'th Dec 2023
The crude oil markets have fallen rather hard during the trading session on Monday, as it looks like they are trying to price in the idea of a global recession.
US Refilling the SPR 'As Much as We Can,' Turk Says
09:17am, Monday, 04'th Dec 2023
David Turk, US deputy energy secretary, says the US is taking advantage of low oil prices and refilling the Strategic Petroleum Reserve, but he says the amount is limited by physical constraints of th
Oil Prices Forecast: OPEC+ Cuts, Global Demand in Focus Amid Renewed Geopolitical Tensions
01:48am, Monday, 04'th Dec 2023
Oil futures fall due to skepticism over OPEC+ cuts, global demand doubts, U.S. production rise, China's economy, and bearish short-term outlook.
Oil climbs as Mideast tension back in focus
08:37pm, Sunday, 03'rd Dec 2023
Oil futures rose on Monday as geopolitical tension in the Middle East returned to focus, spurring concerns about supply from the region, but uncertainty over OPEC+ voluntary output cuts and global fue
Oil Prices Forecast: Skepticism Shadows OPEC+ Production Cuts
02:31am, Saturday, 02'nd Dec 2023
Oil prices fell amid OPEC+ cut announcements and enforcement doubts, with market skepticism setting a bearish tone, yet compliance may shift outlook.
Energy is still a good risk-reward going forward, says Trivariate's Adam Parker
04:52pm, Friday, 01'st Dec 2023
Adam Parker, Trivariate Research CEO, joins 'Closing Bell' to discuss his market expectation for year end and 2024.
Clime change summit draws big money: What's at stake at COP28
03:20pm, Friday, 01'st Dec 2023
CNBC's Diana Olick joins 'Power Lunch' to preview COP28.
Venezuela's oil exports remain almost unchanged, middlemen seek deals
03:09pm, Friday, 01'st Dec 2023
Venezuela's oil exports remained almost unchanged in November at 651,000 barrels per day (bpd) even as an easing of U.S. sanctions is now allowing sales to trading houses, according to shipping and ta
Oil futures mark back-to-back losses with traders skeptical of OPEC+ output cuts
02:57pm, Friday, 01'st Dec 2023
Oil futures finished lower on Friday for a second session in a row. Traders looked to a decision by OPEC+ to cut production further in the first quarter with skepticism.
US speeds up return of oil to Strategic Petroleum Reserve -Energy Dept
02:42pm, Friday, 01'st Dec 2023
The U.S. Department of Energy has sped up the return of 4 million barrels of oil to the Strategic Petroleum Reserve, from a previous exchange of crude to energy companies, as it seeks to replenish the
Biden administration plans to buy 2.7M oil barrels to refill emergency stockpile
12:25pm, Friday, 01'st Dec 2023
The Biden administration announced on Friday that it plans to buy 2.7 million barrels of oil to help replenishing the nation's Strategic Petroleum Reserve.
For Global Leaders At COP28, It's Time To Turn Talk Into Action
12:01pm, Friday, 01'st Dec 2023
At COP28, policymakers, experts, scientists, advocates, farmers, young people, and passionate eaters will come together to guide the world forward.
Crude Oil Price Forecast – Crude Oil Markets Continue To Show Volatility
11:43am, Friday, 01'st Dec 2023
Crude oil markets have been all over the place over the last couple of days, as we continue to bounce around in a well-defined consolidation region.
UNICEF: Fossil fuels must be phased out
11:37am, Friday, 01'st Dec 2023
"The only acceptable role that fossil fuel industries have is to phase out fossil fuels" Vanessa Nakate, the UNICEF goodwill ambassador, says #africa needs green energy investment to lift communities
Energy traders sell the OPEC news; a rebound is coming
10:45am, Friday, 01'st Dec 2023
The price of WTI and Brent crude fell despite another production cut from OPEC. The cut was expected and helps keep the oil market in a tight balance, so this looks like a buy-the-rumor-sell-the-news
