NYSEARCA:XOP

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

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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Currently, I'd say the oil industry outlook is murky at best. In general, the black stuff is closely tied to the economic performance of its largest consumers – the U.S. and China.
Oil futures climbed on Friday, contributing to a more than 1% weekly gain in U.S. benchmark crude prices. The market saw a sharp decline Thursday on expectations that OPEC+ wasn't likely to cut produc
Oil traders cheer progress on debt ceiling negotiations.
The crude oil markets did rally just a bit during the trading week, breaking above the short-term resistance barrier, but it does look like we have a little bit of trouble ahead.
Crude oil markets have bounced just a bit during the trading session on Friday, as we continue to see a little bit of support underneath.
Oil prices were roughly unchanged in early trading on Friday, as markets awaited clarity on OPEC and its allies' next oil policy moves after conflicting messages made it hard to predict the outcome of

Oil futures mark first decline in 4 sessions

02:46pm, Thursday, 25'th May 2023
Oil futures ended lower Thursday after three consecutive session gains. Crude prices weakened as the “king dollar” returned, and after Russia slashed “any Saudi hope of delivering another produc
Natural gas prices settled below the $2.35 level as traders reacted to the EIA report.
Crude oil markets pulled back just a bit during the trading session on Thursday, as we continue to see a lot of volatility in the energy markets.
Oil futures lost ground Thursday after a top Russian official played down the prospect of additional production cuts when OPEC+ meets early next month.
Russia's remarks dampen OPEC+ production cut prospects, but a surprising drop in U.S. crude inventories supports oil prices amidst bearish sentiment.

Oil prices fall on US debt uncertainty

08:46pm, Wednesday, 24'th May 2023
Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt default weighed against the prospect of further OPEC+ production cuts.

Oil prices jump on unexpected drawdown in supplies

04:05pm, Wednesday, 24'th May 2023
Yahoo Finance's Ines Ferre joins the Live Show to discuss the rise in oil prices amid retailers stocking up on supplies before the Memorial Day holiday.
Oil futures settled higher on Wednesday, finding support after the Energy Information Administration reported a 12.5 million-barrel weekly fall in U.S. crude inventories, the biggest year to date. Mea
Crude inventories declined by 12.5 million barrels but traders focused on rising domestic production.
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