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XLE Sep 2024 87.000 put

OPR - OPR Delayed price. Currency in USD
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1.90000.0000 (0.00%)
As of 09:53AM EDT. Market open.
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Previous close1.9000
Open1.9000
Bid0.9900
Ask1.4500
Strike87.00
Expiry date2024-09-30
Day's range1.9000 - 1.9000
Contract rangeN/A
Volume12
Open interest63
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    Energy: Exxon, Chevron drag sector amid geopolitical risks

    The energy sector (XLE) is underperforming in Friday's trading session, following disappointing results from industry leaders Exxon Mobil (XOM) and Chevron (CVX). S&P Global Vice Chairman Daniel Yergin joined Yahoo Finance to discuss the geopolitical risks looming over the oil market. Yergin acknowledges that the current calm within the oil market will "entirely depend" on exogenous events. He notes that oil prices have reverted to levels pre tensions between Iran and Israel, which initially caused a slight uptick: "There's been a tug-of-war between geopolitics and the fundamentals of supply and demand," Yergin says. "In terms of the oil industry, they're commercial animals," Yergin tells Yahoo Finance, adding, "Their incentive is to produce as much as they can." However, he cautions that concerns about future production softening persist within the industry. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith