XOP Stock Recent News

Oil futures face downside risks as U.S. output climbs and OPEC+ remains flexible. Will geopolitical tensions disrupt supply and shift market sentiment?

Crude oil holds key support near $66.72, hinting at a short-covering rally, but WTI remains below key moving averages. Will bearish fundamentals cap gains?

Oliver Wyman's Daniel Tannebaum and RBC Capital's Helima Croft, join 'Power Lunch' to discuss oil sanctions on Iran impact on the oil sector and geopolitics.

Oil markets stay range-bound as traders wait for additional catalysts.

Oil steadies as traders assess Ukraine ceasefire prospects, OPEC supply risks, and demand forecasts. Will geopolitical tensions disrupt the crude oil outlook?

The crude oil market is currently looking to find some kind of movement, as we are looking at this market for some kind of momentum to take advantage of. Ultimately, this is a short-term trader's environment.

Oil futures rose Friday, with Brent crude pushing back above the $70-a-barrel threshold as investors monitored talks to end the Russia-Ukraine war.

Vitesse Energy's acquisition of Lucero Energy adds operational control, reduces net debt, and supports a 10% dividend increase, though the shareholder base is shared 20% with Lucero. OPEC+ supply cut phaseouts and economic nationalism, particularly affecting China, pose risks to oil spot prices. VTS does a lot of hedging, however, which protects them for the medium term.

For the Middle East, which has been spared of tariffs (so far), there are still reasons to worry – as well as potential opportunities. The blow to growth from a trade war is likely to hurt the price of oil – the mainstay of the region's economy.

Will energy prices recover? Market sentiment remains mixed as traders assess supply disruptions, recession risks, and demand forecasts.