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NYSE:OXY News 17 January 2026 - 19 January 2026

Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

NEW YORK, January 19, 2026, 12:26 EST — The market has closed. Oil stocks reopened Tuesday with crude clinging near $64 a barrel after supply worries tied to Iran faded and traders shifted focus to the U.S.-Europe spat over Greenland. Brent inched up a penny to $64.14 a barrel, while U.S. West Texas Intermediate (WTI) added 7 cents, landing at…
19 January 2026
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Oil stocks brace for holiday week as Chevron Venezuela license and $60 oil collide

Oil stocks brace for holiday week as Chevron Venezuela license and $60 oil collide

New York, Jan 18, 2026, 12:38 EST — Market closed Chevron will be in focus during the next U.S. session after Energy Secretary Chris Wright revealed that Washington is rushing to expand the company’s Venezuela license. The update would allow Chevron to pay the Venezuelan government in cash and sell all the oil it produces there. “So they become immediately,…
18 January 2026
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Oil stocks head into long weekend with Iran risk in focus as Exxon, Chevron earnings near

Oil stocks head into long weekend with Iran risk in focus as Exxon, Chevron earnings near

New York, Jan 17, 2026, 13:12 EST — Market closed. U.S. oil inventories edged up slightly on Friday as crude prices finished the day stronger. Investors, cautious of new geopolitical developments, prepared for the long weekend ahead. The timing is crucial. U.S. equity markets will be closed Monday for Martin Luther King Jr. Day, giving energy traders a two-day stretch…
17 January 2026
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Stock Market Today

  • FedEx Faces Mixed Analyst Views Ahead of Freight Spin-Off with Price Targets Between $317 and $355
    January 22, 2026, 12:25 PM EST. FedEx shares rose nearly 2% to $306.95 amid diverging analyst opinions on the upcoming FedEx Freight spin-off. Rothschild Redburn downgraded FedEx to Neutral from Buy with a $317 target, citing valuation concerns after a 37% rally in three months. Contrarily, Argus and Wolfe Research lifted targets to $350 and $355 respectively, bullish on the potential of FedEx Freight, which posted $546 million operating income in H1 fiscal 2026. The spin-off, planned by June 1, 2026, aims to unlock shareholder value through separate entities. Analysts remain split, with 8 bullish and 10 neutral out of 22 covering the stock, and targets ranging from $210 to $360. FedEx Freight is compared to peers like Old Dominion Freight Line, highlighting its $8.9 billion fiscal 2025 revenue estimate.
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