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
Oil prices steadied in early Asian trade on Wednesday as industry data showed a draw in U.S. crude oil inventories, after the market tumbled in the previous session on fears more aggressive U.S. inter
The dollar is surging and commodity prices are slumping as Powell struck a hawkish tone in testimony in Washington, DC, on Tuesday.
Crude-oil prices finished with a loss of more than 3% on Tuesday. Weaker-than-expected Chinese import data fueled uncertainty over energy demand, as Federal Reserve Chairman Jerome Powell's testimony
Fed's aggressive rate hikes may put too much pressure on the economy and reduce demand for oil.
Yahoo Finance's Ines Ferre joins the Live show to discuss how oil and energy are performing amid weaker-than-expected Asia demand.
"The risk of a recession over the near term seems quite low," according to DataTrek's cofounder Nicholas Colas.
OPIS chief oil analyst Denton Cinquegrana discusses why crude prices have been rangebound for the past several months, and where oil and gasoline prices may be headed this spring and summer.

Oil lower after disappointing China import data

07:38am, Tuesday, 07'th Mar 2023
Oil futures fell early Thursday, feeling pressure after weaker-than-expected import data from China.
Smart Beta ETF report for XOP
Crude oil traders will be eyeing the testimony of Fed Chair Powell, hoping he clarifies his outlook for the economy and the duration of rate hikes.
Oil prices edged up after industry executives flagged concerns about limited spare capacity in the market and uncertainty over Russian supplies while demand from top crude importer China is recovering
Pioneer Natural Resources CEO Scott Sheffield says oil could reach $100 a barrel by q4. He also says oil output in the Permian Basin will peak in five to six years.
Crude-oil prices settled higher on Monday, shaking off concerns over the energy demand outlook. The Chinese government on Sunday set this year's economic growth target at around 5%.
John Kilduff, Again Capital founding partner, joins 'The Exchange' to discuss the energy trade.

China's modest growth target sends oil lower

02:19pm, Monday, 06'th Mar 2023
Yahoo Finance Live's Jared Blikre breaks down Chinese GDP growth and how commodities are trading ahead of economic data.
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