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
(Kitco News) - A recession-free soft landing for the U.S. economy will send commodity prices skyrocketing as global demand picks up, according to Kitco Senior Market Analyst Jim Wyckoff.
Daan Struyven, Goldman Sachs head of oil research, joins 'Power Lunch' to discuss trends in the oil market.

Oil futures post back-to-back losses

02:49pm, Monday, 17'th Jul 2023
Oil futures declined for a second straight session on Monday, with U.S. prices down nearly 2% for the session. “Chinese GDP data that confirmed the economy's weakness” pressured oil prices, StoneX
Analysts rushed to cut China growth forecasts, which served as an additional bearish catalyst for oil markets.
Oil prices dipped for a second session on Monday after Libya resumed production over the weekend while China, the world's largest crude importer, is expected to release economic data showing that its
Oil futures declined on Friday but after settling a day earlier at their highest since April, prices ended the week with a gain of more than 2%. “Oil benchmarks have been reinvigorated by the ailing
Oil traders decided to take some profits off the table after the strong rally.
The crude oil markets have rallied during the course of the week, the break above the recent consolidation area that we had been in.
Crude oil markets have pulled back just a bit during the trading session on Friday, as the 200-Day EMA has come into the picture.
Crude oil prices were marginally lower on Friday but on track to cap off their strongest two-week streak of gains since April as production cuts and a weaker U.S. dollar have pushed prices higher.
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) made its debut on 06/19/2006, and is a smart beta exchange traded fund that provides broad exposure to the Energy ETFs category of the market.
WTI Crude oil surges on Libyan and Nigerian supply disruptions, OPEC's demand forecast, and deeper oil cuts by Saudi Arabia and Russia.
Oil prices rose on Friday on support from tighter supply amid issues in Libya and Nigeria and easing U.S. inflation, which markets hope may bring an end to interest rate hikes in the world's biggest e

Oil futures settle at highest since late April

03:16pm, Thursday, 13'th Jul 2023
Oil futures rose for a third straight session on Thursday to settle at their highest since late April. Crude's continued rally is driven by “a technical bounce, short covering, OPEC+ cuts and their
Crude oil markets paused a bit during the trading session on Thursday, as we have stretched a bit for the last couple of weeks.
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