Today: 20 July 2026
Browse Category

NYSE:OXY 4 January 2026 - 28 February 2026

Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

Oil stocks brace for OPEC+ April output decision after Exxon slips, refiners climb

Oil stocks are bracing for another supply shakeup next week, as OPEC+ — that’s the group of OPEC nations and Russia — is said to favor resuming output hikes in April, sources told Reuters. Eight producers from the alliance are set to gather March 1, following a three-month freeze on planned increases.
Natural gas prices cool after storm spike — EQT and gas stocks hold up as traders eye storage

Natural gas prices cool after storm spike — EQT and gas stocks hold up as traders eye storage

U.S. natural gas futures for February delivery dropped roughly 6% on Wednesday as traders trimmed their positions following this week’s weather-fueled jump. The February contract fell 42.3 cents, landing at $6.53 per million British thermal units, with expiration set for later Wednesday. Meanwhile, March futures hovered near $3.82.
Brent crude price ticks up as U.S. winter storm hits output, traders eye next supply test

Brent crude price ticks up as U.S. winter storm hits output, traders eye next supply test

Brent crude futures edged higher Tuesday after a U.S. winter storm disrupted crude production and unsettled some Gulf Coast refineries, though potential supply from Kazakhstan capped the rally. “The cold weather in the U.S. will likely cause quite significant drawdowns in oil stocks over the next few weeks,” said Tamas Varga, oil analyst at PVM. Meanwhile, ANZ’s Daniel Hynes noted that “supply risks haven’t totally evaporated.” By 1017 GMT, Brent had gained 23 cents, or 0.35%, to $65.82 a barrel, while U.S. West Texas Intermediate added 29 cents to $60.92.
27 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

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 added 7 cents, landing at $59.51. “The market is now focusing on the Greenland situation … any trade war expansion could impact demand,” said Janiv Shah, analyst at Rystad Energy. Phil Flynn of Price Futures Group described the scene as a market “locked in by competing bullish and bearish forces” that might push prices into “sideways trade.”
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

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, another marketer of crude as well,” Wright explained. Chevron shares closed Friday nearly flat, up 0.1% at $166.26.
Oil stocks brace for Monday as Bessent hints Venezuela sanctions relief; Chevron, Exxon in focus

Oil stocks brace for Monday as Bessent hints Venezuela sanctions relief; Chevron, Exxon in focus

U.S. oil inventories enter the new week with renewed focus on Washington’s timeline for Venezuela. Treasury Secretary Scott Bessent indicated more sanctions could be eased “as soon as next week” to boost oil exports. He mentioned Treasury is considering adjustments to allow proceeds from Venezuela’s oil—mostly stored on ships—to flow back into the country. Bessent also said he plans meetings next week with IMF and World Bank leaders.
Go toTop