NYSEARCA:XOP

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$171.02
-0.110 (-0.0643%)
At Close: Jun 04, 2026
Crude-oil prices could eclipse the $100 a barrel mark as markets reel from global supply shortages, says Mark Fisher, founder of MBF Clearing Corp., in an CBNC interview on Thursday.
Loonie's eight-day rally, fueled by crude oil, meets resistance as U.S. Dollar strengthens on hawkish Fed remarks, Treasury yield surge.
Fed's hawkish tilt, U.S. dollar strength and inventory drawdowns shape crude oil prices; OPEC production cuts deepen market apprehensions.
Oil prices fell in early Asian trade on Thursday after falling by the most in a month in the previous session on U.S. interest rate hike expectations, and ahead of a steer from other central banks on
Oil futures settled lower for a second straight session on Wednesday, easing back after a run-up early this week to the year's highest prices. “We do feel some consolidation is warranted until we se
U.S. is buying oil for the Strategic Petroleum Reserve, which is bullish for oil markets.
Brent crude futures, the international benchmark, have jumped over the past month to a recent $93 per barrel.
Brent crude prices could potentially hit $120 a barrel, JPMorgan warned. That's assuming oil supply will face even more pressure in the coming months.
Crude oil markets pulled back during the trading session on Wednesday, as the overstretched condition continues to come into play.
Europe's energy shares have hit seven-month highs, thanks to crude oil prices jumping to a 2023 peak and natural gas prices rising almost 40% in two months, but not all investors view this as the perf
As the Federal Reserve's decision looms, oil prices tumble, despite a drop in API inventory and bullish global production nuances.
Oil prices rose in early trade on Wednesday, hovering near 10-month highs hit the previous day, as a bigger-than-expected draw in U.S. oil stockpiles and weak U.S. shale output reinforced fears of tig
China's oil demand is peaking by the end of the decade, and with its economic recovery still in limbo, how much can the global oil markets still rely on it?
Oil finished lower on Tuesday, with U.S. prices down for the first time in four sessions. “Oil trading is a sophisticated game of Chutes & Ladders and there are some hot spots that may take Brent (a
(Kitco News) - Supported by OPEC+'s production cuts through year-end, the oil market continues to climb higher, with some analysts saying that it could be only a matter of time before prices push back
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