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Buy XOP
$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Oil Price Forecast: Higher as US Inventories Tighten, Saudi Minister Warns Speculators
09:58am, Wednesday, 24'th May 2023
Decreasing U.S. inventories, Saudi warning to speculators, and excessively bearish positions raise prospects of supply constraints and OPEC+ cuts.
Crude Oil Price Forecast – Crude Oil Markets Plow Higher
09:47am, Wednesday, 24'th May 2023
Crude oil markets rallied during the trading session on Wednesday, as we have finally broken out of the triangle we see in both markets.
Bull vs. Bear: Is There a Future for Fossil Fuel Investments?
08:58am, Wednesday, 24'th May 2023
Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to p
Oil prices boosted by falling inventories, Saudi warning to speculators
07:49am, Wednesday, 24'th May 2023
Oil futures traded higher early Wednesday, finding support again a day after Saudi Arabia's energy minister warned of pain ahead for short sellers.
Oil prices rise on concerns over tightening supply
08:31pm, Tuesday, 23'rd May 2023
Oil prices gained on Wednesday after U.S. oil and fuel supplies tightened and as a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts.
Oil futures end higher as top Saudi official warns traders against betting on price declines
02:45pm, Tuesday, 23'rd May 2023
Oil futures finished higher Tuesday, after Prince Abdulaziz bin Salman, Saudi Arabia's energy minister warned traders about betting on continued declines in oil prices, said Michael Hewson, chief mark
Natural Gas, WTI Oil, Brent Oil – Oil Gains Ground As Saudi Oil Minister Warns Speculators
01:41pm, Tuesday, 23'rd May 2023
WTI oil and Brent oil moved towards multi-week highs as some traders were ready to bet on additional production cuts from OPEC+.
Oil Price Forecast: Weaker Despite Tighter Supply and Demand; Debt Default Concerns Weigh
03:45am, Tuesday, 23'rd May 2023
Oil prices decline on tightening supply, persistent debt default risks, and Memorial Day's impact on summer fuel demand.
Oil prices rise on outlook for higher gasoline demand, tighter supply
09:38pm, Monday, 22'nd May 2023
Oil prices climbed for a second day on Tuesday as investors expect a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U
Oil prices give up early losses to finish higher; natural-gas futures drop over 7%
02:53pm, Monday, 22'nd May 2023
Oil futures shook off early declines Monday to end higher, with U.S. prices up by more than 1% as the June contracts expired at the end of the session. The recovery for oil prices “wasn't driven by
Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound From Session Lows
02:10pm, Monday, 22'nd May 2023
Oil markets are moving higher amid rising appetite for risk.
Oil Markets Face an Unusual Summer Driving Season
02:01pm, Monday, 22'nd May 2023
The summer driving season is fast approaching, and oil traders would typically be looking forward to a seasonal increase in demand. However, a host of unusual dynamics in global oil markets are genera
Crude Oil Price Forecast – Crude Oil Markets Continue to Consolidate
11:29am, Monday, 22'nd May 2023
Crude oil markets have initially fallen during the trading session on Monday, only to turn around and show signs of life again. That being said, it looks like we are still consolidating.
Oil edges up on supply worries, G7 pledge to enforce Russian price caps
09:22pm, Sunday, 21'st May 2023
Oil prices edged up on Monday on a softer dollar and supply cuts from Canada and OPEC+ producers, while investors waited to see if a pledge by the Group of Seven (G7) nations to strictly enforce price
Oil Price Forecast: Weakening Amid Debt Ceiling Concerns, Fuel Demand Threatened
12:00pm, Sunday, 21'st May 2023
WTI Highlights Oil prices decline due to U.S. debt ceiling concerns Weekly gains provide temporary respite for Brent and WTI crude prices Chinese demand
