Diesel Squeeze Puts Oil ETFs Back In Focus—But Will The Rally Run Dry?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 18 2025
0mins
Source: Benzinga
Current Energy Market Dynamics: The tightening of European sanctions on Russian refined fuels is leading to a significant diesel shortage, causing prices to rise and impacting energy ETFs positively, particularly those focused on heating oil futures.
Market Outlook and Risks: While the current market shows signs of tight supply with crude trading in backwardation, analysts caution that this situation may not last, urging investors to remain vigilant about potential demand shifts and geopolitical developments.
Analyst Views on XOP
Wall Street analysts forecast XOP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XOP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 134.530
Low
Averages
High
Current: 134.530
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
