XOP News and Press, SPDR S&P Oil & Gas Explor & Product From 06/14/23

2023-06-14 23:54:51 ET Summary China will remain a major driver of global oil demand growth in both the short- and long-term, which will have a positive impact on crude oil prices and energy producers. Data provided by market research firm Energy Intelligence and Fitch Ratings ind...

2023-06-09 21:15:00 ET Summary Energy stocks have finished their one-year consolidation and are about to move substantially higher. High short positions in the commitment of trader's data in the oil futures market signal a price low in the crude oil market. Option activity in ...

2023-06-08 05:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-06-07 13:35:45 ET Energy ( NYSEARCA: XLE ) is the biggest gainer among S&P sectors Wednesday, +2.5% , boosted by higher crude oil prices after a report showed refineries are raising their crude processing to the highest since August 2019, perhaps in anticipation of stro...

2023-06-05 07:00:33 ET Summary Energy investors have endured significant volatility over the past two months as China's economic recovery has fizzled out. Saudi Arabia decided to cut its production, demonstrating its commitment to defend oil prices from falling further, lending st...

2023-06-03 22:30:38 ET Oil and gas companies, as well as wind and solar developers, say language in the debt ceiling bill intended to speed up the federal permitting process for large infrastructure projects does not go far enough but could be a precursor for more sweeping legislation...

2023-05-31 14:33:58 ET Popular broad-spectrum energy exchange trade fund Energy Select Sector SPDR Fund ETF ( NYSEARCA: XLE ) dropped to its lowest level in two months on Wednesday, dragged down by a dip in oil ( CL1:COM ) prices. Oil fell 1.3% to the $68.75 per barrel r...

2023-05-30 16:03:11 ET Summary With the Invesco QQQ Trust up 31.0% year-to-date through Friday, May 26, 2023, many investors believe that the bear market that saw QQQ drop 32.6% in 2022 is over. Apple shares are up 35.4% YTD, Microsoft is up 39.5%, Google is up 41.2%, NVIDIA is up...

2023-05-25 11:58:19 ET D.C. lawmakers are closing in on a modest deal that would overhaul the U.S. permitting process for energy projects as part of legislation to raise the debt ceiling and avoid a default, The Washington Post reported Thursday. The emerging deal reportedly would e...

2023-05-24 02:30:20 ET Summary Recession fears have led to a sell-off in the price of oil. Oil futures positioning is offsides vs fundamentals. Strong fundamentals and large supply deficits could lead to much higher oil prices. For further details see: ...