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
According to a recent report, OPEC+ will discuss additional supply cuts when the group meets at the end of November.
OPEC+ is set to consider whether to make additional oil supply cuts when the group meets later this month, three OPEC+ sources told Reuters after prices dropped by almost 20 percent since late Septemb
Dan Yergin, S&P Global vice chairman and author of 'The New Map, ' joins 'Squawk box' to discuss the latest oil market trends, price outlook, and more.
Crude oil markets have fallen again during the course of the trading week, as we continue to look for some type of support.
The crude oil markets bounced a bit during the Friday session, as we are trying to stabilize again.
With oil prices plunging, we advise investors to buy stocks like Delek US Holdings (DK), EOG Resources (EOG) and Civitas Resources (CIV)) at bargain prices.

SP500: Crude Oil Signals An Imminent Recession

09:24am, Friday, 17'th Nov 2023
The S&P 500 bounced in November, responding to falling interest rates and expectations of aggressive Fed rate cuts in 2024. However, it seems like the bounce was just a short covering and FOMO rally,
Oil futures recovered some ground early, reversing some of a decline that brought them to their lowest levels since July and left them on the cusp of bear-market territory.
Oil prices face weekly loss amid demand concerns, with U.S. data showing high inventories while Saudi Arabia considers extended output cuts.
Oil prices were on track for the fourth straight week of decline as they remained little changed in early Asian trade after slipping about 5% to a four month-low on Thursday on worries over global dem
Crude oil prices slip below $80 on Thursday. What international factors are allowing oil prices to slip lower?
The oil market is slipping into a state known as contango. And while that may sound and perhaps even vaguely dance-inspiring, history suggests the shift isn't a positive sign for crude prices.

Oil prices settle at their lowest since July

02:43pm, Thursday, 16'th Nov 2023
Oil futures fell by nearly 5% on Thursday as concerns over a potential slowdown in energy demand following downbeat U.S. economic data contributed to a drop in prices to their lowest settlement since
Spot global crude oil futures traded at a discount to longer-dated contracts this week for the first time in four months, a signal that traders believe the market has become oversupplied and inventori
The U.S. on Thursday extended through May 16 a license allowing four oilfield service firms to maintain their current assets in Venezuela, while restricting what services they can perform in the count
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