NYSEARCA:XOP

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

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$171.02
-0.110 (-0.0643%)
At Close: Jun 04, 2026
Oil prices (BZ=F, CL=F) have begun to trend upward after 4 weeks of losses ahead of an OPEC+ meeting this weekend. Geopolitical conflicts, production cuts, and easing US sanctions on Venezuelan oils h
Houthi militants seized a cargo ship in Red Sea, raising worries about the safety of oil supply routes.
The crude oil markets have rallied a bit during the trading session on Monday, to continue the recovery that we had seen on Friday.
The Organization of the Petroleum Exporting Countries and allies (OPEC+) are likely to extend or even deepen oil supply cuts into next year, after a more than 15% drop in Brent prices from a peak in S
Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise focusing on companies like Vermilion Energy (VET) and Tullow Oil (TUWOY).
Oil futures rose Monday morning, finding support as investors weighed the potential for an extension of production cuts by the Organization of the Petroleum Exporting Countries and its allies after cr
Brent, WTI crude oil futures gain on OPEC+ cut prospects, deeper cut predictions, and weaker US Dollar impacts.

Oil extends gains as OPEC+ to mull deeper cuts

07:43pm, Sunday, 19'th Nov 2023
Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Mid-East supply disruption
Despite a weekly decline, WTI crude prices firm ahead of weekend amid global inventory adjustments and looming OPEC+ decisions on production cuts.
Bob Elliott, Unlimited CEO & CIO, joins 'Closing Bell Overtime' to talk the recent market rally, where to invest in the current environment, the impact of interest rates and more.
Refineries have been doing seasonal maintenance, and several are expected to be running at fuller strength soon.
Oil futures climbed on Friday, recouping most of the losses seen a day earlier that pulled prices to their lowest since July. Saudi Arabia is planning to prolong its voluntary oil production cut into
David Bahnsen, chief investment officer at the Bahnsen Group, joins 'The Exchange' to discuss the impact of interest rates on the market, the case for private credit, and more.
US and international oil prices jumped on Friday by more than 4% after a week-long slump. Saudi Arabia is considering prolonging production cuts into 2024, the Financial Times reported.
Weaker labor market, manufacturing production slowing, new home prices falling and crude oil inventories rising more than expected are all to blame for the big drop in oil prices. US also eased sancti
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