NYSEARCA:XOP

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

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At Close: Jun 03, 2026
Crude oil markets have done very little during the trading session on Friday as we continue to hang around the same general area.

Oil trades higher to cap off choppy week

08:22am, Friday, 19'th May 2023
Oil futures opened higher on Friday, rebounding from losses booked one day earlier as investors continued to monitor debt-ceiling talks.
Oil prices fell slightly in early Asian trade on Friday as optimism that a U.S. debt default will be avoided weighed against sticky inflation data that could portend more interest rate hikes from glob
Oil futures finished lower on Thursday, giving back roughly half of what they gained in the previous session as traders continued to weigh the prospects for a deal on the U.S. debt ceiling. Natural-ga
Oil markets pull back after yesterday's rally as U.S. dollar tests multi-week highs.
Crude oil markets have pulled back a bit during the trading session on Thursday, as we continue to see a lot of noisy behavior to say the least.

Oil prices steady after rising to 1-week high

08:12am, Thursday, 18'th May 2023
Oil futures edged lower early Thursday as investors kept tabs on debt-ceiling negotiations, a day after crude bounced to its highest finish in a week.
Oil demand is growing faster than expected. Supplies are facing additional headwinds.
Debt ceiling talks, fuel demand, and supply-demand gap shaped oil prices, causing fluctuations in market sentiment.
Vandana Hari of Vanda Insights says, however, that worries about a U.S. credit crunch and China's lackluster recovery will continue to weigh on sentiment in the oil complex.

Oil prices ease after U.S. oil stock build

08:38pm, Wednesday, 17'th May 2023
Oil prices edged lower on Thursday, easing on concerns over plentiful supply after surging nearly 3% during the previous session.
The wildfires have burned about 478,000 hectares, or 1,800 square miles, across Alberta, British Columbia and Saskatchewan as of Monday.
Oil futures finished sharply higher on Wednesday, as U.S. President Joe Biden voiced confidence that an agreement on the debt ceiling will be reached, easing worries about the nation's economy and ene
U.S. domestic oil production declined from 12.3 million bpd to 12.2 million bpd, providing additional support to oil prices.
Oil futures climbed on Wednesday as traders weighed the outlook for crude demand as well as a second straight weekly rise in U.S. crude supplies.
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