XOP Stock Recent News

Oil traders brace for bearish 2024 outlook as supply is set to outpace demand, with prices pressured by weak Chinese consumption and geopolitical risks.

Herman Wang, managing editor of OPEC and Middle East news at S&P Global, says oil supply growth will outpace demand growth in 2025.

Will brent crude hold $75? As oil prices consolidate, technical analysis suggests a breakout or steep decline could be imminent in the energy markets.

Oil rose in the early Asian session in a likely technical recovery after oil futures dropped by more than 4% overnight.

Crude oil struggles near key technical levels after a breakdown in a symmetrical triangle pattern, leaving uncertainty as prices hover near important support zones.

A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world's second largest economy.

Phillip Streible, Blue Line Futures chief market strategist, joins 'Power Lunch' to discuss how to trade the crude oil sell-off into gold.

Recent reports indicate that Israel will not strike Iran's oil infrastructure.

@CharlesSchwab 's Jeffrey Kleintop says the "opposite to a silver lining" on crude oil prices falling is the soft demand, suggesting a lackluster global economy. He adds China's stimulus is underdelivering, and the country doesn't "have its act together" which could be part of the backdrop behind Crude Oil's move lower.

At this point in time, the market continues to see a lot of noisy trading, as traders are trying to sort out where the market is going due to various factors. Ultiamtely, this is a place where you will have to be very cautious with your position size.