NYSEARCA:XOP

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

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$171.02
-0.110 (-0.0643%)
At Close: Jun 04, 2026
Oil markets remain tight as supply disruptions and strong spot demand push prices higher. Bullish sentiment builds on shrinking global availability.
Crude prices were volatile early in the session before paring initial losses. Fears over prolonged disruption in the Strait of Hormuz have kept investors on edge, pushing oil prices higher.
Amrita Sen of Energy Aspects discusses the moves in the oil market following the Iran war, saying benchmark Brent crude is not fully reflecting the "true tightness" in global supply.
Investors are shifting out of bonds and other assets exposed to inflation as global markets brace for prolonged disruption to energy supplies while war rages in the Middle East.
The International Energy ​Agency is consulting with governments in ‌Asia and Europe on the release of more stockpiled oil "if necessary" due to the Iran war, ​Executive Director Fatih Birol said
Kevin Warsh promised to overhaul the central bank and cut rates. He is being greeted by rising inflation, an oil shock and a confirmation in limbo.
Bonds have generally followed movements in oil prices over the past week, but the pair is starting to decouple, said ANZ Bank.
Oil futures edged lower as traders eye President Trump's deadline to reopen the Strait of Hormuz.
President Donald Trump threatened to bomb Iran's power plants if the Strait of Hormuz isn't cleared for shipping traffic.
Oil prices rose ​on Monday after ‌U.S. President Donald Trump and Iran threatened ​to attack ​energy facilities in the ⁠Middle East, ​escalating the war.
Oil prices look set to rise further on Monday, having closed before the ‌weekend at their highest in nearly four years, after U.S. and Iranian threats to target energy facilities, analysts said on S
Iran has wielded crude as a cudgel on a scale unseen in decades, marking a new phase in the 21st-century competition for dominance.
Emerging economies have been hard-hit by the war in Iran. Buy these markets on the dip.
Tehran's Houthi allies in Yemen have ramped up their threats after bottling up shipping for years.
It isn't just cars and airplanes. Oil is a key ingredient in thousands of common products.
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