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Energy News News 29 January 2026 - 6 February 2026

Gasoline prices today: RBOB futures tick up as U.S.-Iran talks put a floor under the market

Gasoline prices today: RBOB futures tick up as U.S.-Iran talks put a floor under the market

U.S. gasoline futures rose 0.43% to $1.9349 per gallon premarket Friday, while pump prices edged up to $2.90 a gallon, AAA reported. Gasoline inventories increased last week despite a drop in crude stocks, and refineries ran at 90.5% capacity. Oil prices were little changed as traders watched U.S.-Iran talks in Oman. Wholesale spot gasoline in New York Harbor climbed 1.1% to $2.16 a gallon.
6 February 2026
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Crude oil prices today: Brent and WTI climb on U.S.-Iran tension as inventory report looms

Crude oil prices today: Brent and WTI climb on U.S.-Iran tension as inventory report looms

Oil prices rose Wednesday after the U.S. downed an Iranian drone and Iranian gunboats threatened a U.S.-flagged tanker near the Strait of Hormuz. Brent hit $67.79 a barrel, up 0.7%, while WTI climbed to $63.73. Traders watched for U.S. crude inventory data after API reported an 11-million-barrel drop last week. U.S.-Iran talks are set for Friday in Oman.
4 February 2026
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Comstock Resources stock slides nearly 9% as U.S. natural gas futures tumble on warmer forecast shift

Comstock Resources stock slides nearly 9% as U.S. natural gas futures tumble on warmer forecast shift

Comstock Resources shares dropped 9% to $22.16 Monday as U.S. natural gas futures plunged 21.6% after mid-February weather forecasts turned warmer. EQT Corp and CNX Resources also fell. The March gas contract posted its steepest one-day percentage loss since 1996. Comstock will report fourth-quarter results on Feb. 11.
2 February 2026
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Gasoline prices today: RBOB futures slip as Iran diplomacy talk cools oil rally

Gasoline prices today: RBOB futures slip as Iran diplomacy talk cools oil rally

RBOB gasoline futures fell 0.6% to $1.9233 a gallon in early New York trading Friday, trimming gains from Thursday’s sharp rally. U.S. average pump prices held at $2.87 a gallon, about 24 cents below last year. Crude prices slipped as President Trump signaled openness to talks with Iran. Supply remains disrupted after a winter storm, with U.S. crude output still down by 500,000 barrels per day.
30 January 2026
Oil prices slip from five-month highs as Trump hints at Iran talks; OPEC+ decision looms

Oil prices slip from five-month highs as Trump hints at Iran talks; OPEC+ decision looms

Oil prices fell nearly 1% Friday after U.S. President Trump signaled openness to talks with Iran, easing fears of supply disruption. Brent crude dropped 68 cents to $70.03 a barrel by 0958 GMT, while U.S. WTI slipped 72 cents to $64.70. OPEC+ is expected to keep output steady in March, delegates told Reuters. About 500,000 barrels per day of U.S. production remained offline after winter storms.
30 January 2026
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Brent oil price breaks $70 as Iran tensions lift crude — what traders watch next

Brent oil price breaks $70 as Iran tensions lift crude — what traders watch next

Brent crude futures surged over 2% Thursday, briefly topping $70 a barrel for the first time in four months, as traders weighed the risk of a U.S. strike on Iran and possible closure of the Strait of Hormuz. U.S. crude inventories fell by 2.3 million barrels last week, while winter storms cut U.S. output by up to 2 million barrels per day. OPEC+ is expected to keep output steady at its February 1 meeting.
29 January 2026
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BP share price climbs in London as oil firms on Iran worries; buyback and Venezuela gas in focus

BP share price climbs in London as oil firms on Iran worries; buyback and Venezuela gas in focus

BP shares rose 1.4% to 462.40 pence in early London trading, lifted by stronger oil prices. Brent crude closed at $68.40 a barrel, up 1.23%. Investors are watching BP’s Feb. 10 earnings and its efforts with Shell to secure U.S. licenses for Venezuelan gas projects. BP bought nearly 2.9 million shares on Jan. 27 as part of its buyback program.
29 January 2026
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:27 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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