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Energy 6 February 2026 - 28 February 2026

Chevron stock price faces Monday test after Leviathan shutdown, Hormuz shipping risks

Chevron stock price faces Monday test after Leviathan shutdown, Hormuz shipping risks

Chevron shares closed up 1.4% at $186.76 Friday after Israel ordered a temporary shutdown of the Chevron-operated Leviathan gas field following strikes on Iran. Tanker owners and oil majors suspended shipments through the Strait of Hormuz as Tehran said it had closed navigation. Brent settled up 2.45% at $72.48 a barrel. OPEC+ meets Sunday and may consider a larger output increase.
28 February 2026
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Heating oil price today: ULSD holds near $2.54 as Iran talks and tight distillate stocks collide

Heating oil price today: ULSD holds near $2.54 as Iran talks and tight distillate stocks collide

NYMEX heating oil futures rose 0.4% to $2.5413 a gallon Thursday, with trading volume near 63,900 contracts. U.S. distillate stocks increased by 0.3 million barrels last week but remain about 5% below the five-year average, according to the EIA. New York Harbor spot prices closed at $2.58, down 1.9% on the day. Traders await the March 1 OPEC+ meeting and the next EIA inventory report on March 4.
26 February 2026
Ofgem cuts UK energy price cap for April — here’s how much bills will fall

Ofgem cuts UK energy price cap for April — here’s how much bills will fall

Ofgem will lower the household energy price cap by 7% from April, reducing the average annual dual-fuel bill to £1,641. The regulator cited a sharp drop in policy costs, but network charges rose as grid upgrades began. Charities and consumer groups said bills remain unaffordable for many. The new cap is still about 30% higher than winter 2021/22 levels.
25 February 2026
Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell’s U.S. shares closed at $75.29, up 0.8% Friday, as Brent crude fell 1% to $67.38 after the U.S. and Iran agreed to continue nuclear talks. Shell reported Q4 adjusted earnings of $3.3 billion, missing forecasts, but raised its dividend 4% and began a $3.5 billion buyback. CEO Wael Sawan cited $26 billion in free cash flow and $45.7 billion net debt. Shell paused new investment in Kazakhstan amid $16.5 billion in disputes.
9 February 2026
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Natural gas price slips after record storage draw; EQT rises while Williams drops on deal talk

Natural gas price slips after record storage draw; EQT rises while Williams drops on deal talk

U.S. Henry Hub natural gas futures fell 1.4% to $3.46/mmBtu Friday despite a record 360 Bcf weekly storage draw, as traders focused on shifting weather forecasts. Lower 48 gas production rebounded to around 105 Bcf/d after Winter Storm Fern, while LNG feedgas demand dropped as much as 43% during the cold snap. EQT, Antero, and Cheniere shares rose; Williams Companies fell on acquisition speculation.
6 February 2026
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Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

NYMEX heating oil futures fell 0.4% to $2.3830 a gallon in early New York trading Friday. U.S. distillate inventories dropped by 5.6 million barrels last week, hitting 127.4 million, according to the EIA. Traders are watching U.S.-Iran talks in Oman and upcoming inventory data for signals on supply risks. Brent crude edged up 7 cents to $67.62 a barrel.
6 February 2026
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