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Buy XOP
$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Oil will once again be profitable when market destocking runs out, says Goldman Sachs' Jeff Currie
02:45pm, Thursday, 01'st Jun 2023
Jeff Currie, Goldman Sachs global head of commodities research, joins 'The Exchange' to discuss the bull case for energy markets, consequences of inventory liquidation, and factors driving weak perfor
Oil falls after industry data shows rise in crude inventories
08:12am, Thursday, 01'st Jun 2023
Oil futures fell Thursday, kicking off June with a decline as investors awaited official U.S. inventory data after industry figures showed a large rise in crude stocks.
Oil Price Forecast: Bearish Sentiment Persists with Weaker Demand, Surplus Supply
01:30am, Thursday, 01'st Jun 2023
Surging U.S. crude oil inventories, unexpected gasoline growth dampen sentiment, sparking worries about China's manufacturing and oil demand.
Oil falls after large surprise build in US crude stocks
08:38pm, Wednesday, 31'st May 2023
Oil prices dipped in early trade on Thursday for the third straight session after data showed an unexpected, large build in U.S. crude stocks last week, triggering fears of an oversupply amid signs of
Crude oil prices bound for $60, says top analyst Paul Sankey
05:48pm, Wednesday, 31'st May 2023
Paul Sankey, Sankey Research president, joins 'Fast Money' to discuss the bear case for oil prices ahead of a possibly contentious OPEC+ meeting.
OPEC has not invited Reuters, Bloomberg to report on weekend policy meets
05:39pm, Wednesday, 31'st May 2023
OPEC has not invited Reuters or Bloomberg news agencies to report on ministerial meetings in Vienna this weekend to discuss future oil policy, according to reporters, Bloomberg and an OPEC source on W
OPEC+'s mixed messages, recession fears make it too early to buy the dip on our oil stocks
03:50pm, Wednesday, 31'st May 2023
A slide in crude oil prices has weighed on the Club's three energy holdings.
U.S. oil futures settle at lowest since March
03:13pm, Wednesday, 31'st May 2023
Oil futures fell on Wednesday, with U.S. prices ending at their lowest in more than 10 weeks. The potential fallout from the U.S. debt-ceiling debacle and rising odds of a June interest-rate hike both
Natural Gas, WTI Oil, Brent Oil – Oil Is Under Pressure As China Data Disappoints
01:53pm, Wednesday, 31'st May 2023
Oil markets tested multi-week lows as traders reacted to the disappointing China Manufacturing PMI report.
Oil Prices Sink as Investors Bet Against OPEC Cut
12:58pm, Wednesday, 31'st May 2023
Demand has been falling, along with oil stocks. The Energy Select Sector SPDR ETF dropped 8.6% in the past month.
Will OPEC+ announce more output cuts? Analysts have their say
12:19pm, Wednesday, 31'st May 2023
The Organization of the Petroleum Exporting Countries with Russia and other allies, or OPEC+, meet on June 4 to discuss whether additional oil production cuts should be implemented.
Factbox: What is OPEC+ and how does it impact oil prices?
10:48am, Wednesday, 31'st May 2023
The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, are known as OPEC+ and will meet in Vienna, Austria, on June 4 to discuss their joint output policy.
Crude Oil Price Forecast – Crude Oil Continues to Plunge
10:05am, Wednesday, 31'st May 2023
The crude oil markets have fallen rather hard early during the trading session on Wednesday, as the market has broken below the $68 level in the WTI grade, and the $72 level in the Brent market.
Economic fears to cap oil prices below $90 through 2023
07:03am, Wednesday, 31'st May 2023
Oil prices will creep up from current levels as major producer group OPEC+ maintains restrictions on supplies, but economic headwinds will keep them below $90 a barrel this year, a Reuters poll showed
Oil Price Forecast: China's Weak Economic Data Weighs on WTI Oil
01:31am, Wednesday, 31'st May 2023
WTI crude oil prices drop on China's weak data, US debt bill impact, and OPEC+ uncertainty
