ConocoPhillips Stock (COP) Weekend Update: Oil Slides, Analyst Targets, and What to Watch Before Monday’s Open
ConocoPhillips shares closed at $91.54, down 0.28% Friday, as U.S. markets ended a quiet, low-volume session. Oil prices fell over 2%, with Brent settling at $60.64 and WTI at $56.74, amid renewed oversupply concerns and geopolitical developments. The EIA projects Brent to average $55 and WTI $51 per barrel in 2026, signaling continued pressure on energy stocks.