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Buy XOP
$155.04
+0.140 (+0.0904%)
At Close: Jun 23, 2026
Oil extends weekly loss to 5% as speculation of more aggressive rate hikes from the Fed stokes demand worries
10:08am, Friday, 17'th Feb 2023
Oil prices were also feeling the pinch of dollar strength as Fed officials raise the idea of returning to rate hikes sized at 50 basis points.
Oil slumps as interest rate-hike fears mount
07:53am, Friday, 17'th Feb 2023
Oil futures fell Friday, with crude on track for weekly declines, as a round of tough talk on inflation from central bankers stoked renewed concerns about an economic slowdown.
Oil prices fall as U.S. rate hike worries overshadow demand outlook
08:57pm, Thursday, 16'th Feb 2023
Oil prices slid on Friday and were on track for weekly losses as strong U.S. economic data heightened concern that the Federal Reserve will continue tight monetary policy to tackle inflation, which co
Oil futures settle lower for a third straight session
02:42pm, Thursday, 16'th Feb 2023
Oil futures finished lower on Thursday for a third straight session. The loss follows a more than 16 million-barrel weekly increase in U.S. crude inventories reported by the Energy Information Adminis
Crude Oil Price Forecast – Crude Oil Markets Continue to Hover
09:53am, Thursday, 16'th Feb 2023
Crude oil markets have done very little during the trading session again on Thursday, as we see quite a bit of noisy behavior but lack of momentum.
Oil Holds Two-Day Drop as US Oil Inventories Expand
07:35pm, Wednesday, 15'th Feb 2023
Oil under pressure after the US government's weekly report showed that total crude inventories rose to their highest since the Summer of 2021. Natalia Kniazhevich reports on Bloomberg Television.
Oil futures end lower after EIA reports a hefty weekly rise in U.S. crude supplies
02:44pm, Wednesday, 15'th Feb 2023
Oil futures ended lower on Wednesday after the Energy Information Administration reported a 16.3 million-barrel weekly rise in U.S. crude inventories. The EIA data included an upward “adjustment”
Crude Oil Price Forecast – Crude Oil Markets Continue to Grind Back and Forth
11:28am, Wednesday, 15'th Feb 2023
Crude oil markets have continued to do almost nothing, as it seems like we are willing to stay in the same range.
Crude Inventories Increase By 16.3 Million Barrels
11:01am, Wednesday, 15'th Feb 2023
The surprising EIA report put additional pressure on oil markets. WTI oil is testing the $78 level.
4 Sector ETFs to Win from January Inflation Data
09:02am, Wednesday, 15'th Feb 2023
The annual inflation rate in the United States decelerated slightly to 6.4% in January, hotter-than-expected rate of 6.2%.
Booming Oil Exports Boost U.S. as Global Price Maker
07:37am, Wednesday, 15'th Feb 2023
Trades of key Texas-crude contracts have hit a record high.
Oil Keeps Falling on Concern Fed Will Maintain Higher Rates
05:05am, Wednesday, 15'th Feb 2023
The International Energy Agency raised its forecast for demand this year, arguing it will be lifted by China's reopening after years of Covid-19 restrictions.
Oil Demand to be Driven by Asia This Year as China Reopens, IEA Says
04:45am, Wednesday, 15'th Feb 2023
The energy watchdog raised its forecasts for oil demand this year to a record level, as China fueled a surge in air travel and Russian production remained surprisingly resilient to Western sanctions.
Crude Oil Price Update – Massive API Inventories Build Weighs Ahead of EIA Stockpiles Report
03:45am, Wednesday, 15'th Feb 2023
Crude oil inventories rose by a massive 10.507 million barrels last week, the American Petroleum Institute (API) data showed late Tuesday.
Hang Seng Index, ASX200, Nikkei 225: US CPI Report Weighs on Sentiment
10:43pm, Tuesday, 14'th Feb 2023
It was a bearish morning for the Hang Seng Index and the broader Asian markets. Following the US CPI Report, US retail sales will be a consideration.
