Today: 9 June 2026
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NYSE:PSX 3 January 2026 - 29 April 2026

Gas prices jump again: RBOB gasoline futures spike 6% as Iran conflict tightens supply

Gas prices jump again: RBOB gasoline futures spike 6% as Iran conflict tightens supply

NYMEX RBOB gasoline futures jumped 6% to $2.67 a gallon Thursday amid supply fears tied to the Iran conflict. AAA reported the U.S. average pump price rose nearly 27 cents in a week to $3.25. Oil and diesel prices also climbed as traders tracked shipping and output risks in the Gulf. U.S. gasoline inventories fell by 1.7 million barrels last week, while crude stocks increased.
U.S. gas prices jump as Hormuz disruption lifts refiners and gasoline ETF

U.S. gas prices jump as Hormuz disruption lifts refiners and gasoline ETF

U.S. average gasoline prices rose to $3.198 a gallon Wednesday, up from $3.109 the day before, AAA reported. Oil and fuel markets surged after U.S. and Israeli strikes disrupted shipping through the Strait of Hormuz for a fifth day. Gasoline futures jumped nearly 4% Monday. UBS and Goldman Sachs raised Brent crude forecasts, citing the ongoing Middle East conflict.
Gasoline prices near $3 as RBOB futures hold weekly gain; refiners in focus

Gasoline prices near $3 as RBOB futures hold weekly gain; refiners in focus

Front-month RBOB gasoline futures held near $2.01 a gallon Friday, up 5% for the week as inventories fell and demand rose. AAA reported the U.S. average pump price at $2.92, down slightly but warned of a seasonal increase ahead. Valero and Phillips 66 shares gained; Marathon Petroleum was flat. EIA data showed gasoline inventories dropped by 3.2 million barrels to 255.8 million.
Energy stocks hit a record close as oil rebounds — what to watch before Monday’s open

Energy stocks hit a record close as oil rebounds — what to watch before Monday’s open

U.S. energy stocks closed at a record high Friday, with Exxon up 2% and Chevron 0.8% higher as Brent crude settled at $68.05 a barrel. The S&P 500 Energy sector rose 1.89% on Feb. 6 and is up 19.32% this year. Oil prices climbed amid U.S.-Iran tensions and Saudi price cuts. Markets await OPEC and IEA oil reports next week.
Gasoline price today: UGA stock rises before EIA data as RBOB futures firm

Gasoline price today: UGA stock rises before EIA data as RBOB futures firm

United States Gasoline Fund LP (UGA) rose 1.6% premarket to $65.73 as NYMEX RBOB gasoline futures edged up 0.35% to $1.8329 a gallon. API reported U.S. gasoline inventories jumped by 8.23 million barrels last week. Traders await Wednesday’s EIA petroleum status report for official inventory data. AAA listed the national average retail gasoline price at $2.84 a gallon.
Valero Energy stock dips on Piper Sandler target cut as Venezuela talks keep traders guessing

Valero Energy stock dips on Piper Sandler target cut as Venezuela talks keep traders guessing

Valero Energy shares fell 3% to $185.50 in mid-afternoon New York trading, while the S&P 500 ETF rose 0.8%. The White House is meeting with oil firms including Valero and Marathon to discuss possible investment in Venezuela’s energy sector. Valero plans to keep importing gasoline into Northern California after its Benicia refinery idles in April. Fourth-quarter results are due Jan. 29.
Valero (VLO) stock slides as Venezuela oil talks loom and an analyst trims a target

Valero (VLO) stock slides as Venezuela oil talks loom and an analyst trims a target

Valero shares dropped 3.2% to $185.16 Friday afternoon, underperforming other refiners as the White House met with oil firms, including Valero and Marathon, to discuss possible investment in Venezuela. Piper Sandler cut its Valero price target to $217. Oil prices rose amid global supply concerns. Investors await Valero’s Jan. 29 earnings report for margin and policy updates.
Phillips 66 stock jumps before the open as Venezuela oil talks keep refiners in focus

Phillips 66 stock jumps before the open as Venezuela oil talks keep refiners in focus

Phillips 66 shares rose 4.6% to $144.22 in premarket trading Friday, tracking policy moves on Venezuelan oil sales. The White House is meeting oil industry leaders to discuss Venezuela, though Phillips 66 is not expected to attend. CFO Kevin Mitchell said the company can process Venezuelan crude at its Gulf Coast refineries. Analyst Ryan Todd cut his price target to $155, citing a bearish crude outlook.
Maruti Suzuki share price today slides 3% after nearing 52-week high; Phillips 66 draws focus on UK Lindsey deal

Maruti Suzuki share price today slides 3% after nearing 52-week high; Phillips 66 draws focus on UK Lindsey deal

Maruti Suzuki shares fell over 3% Wednesday, trading at 16,773 rupees after breaching a key support level. The drop came as Indian markets slipped from record highs amid geopolitical tensions and U.S. tariff threats. Phillips 66 agreed to acquire the shuttered Lindsey Oil Refinery in England and integrate its assets into the Humber Refinery. Analyst ratings on Phillips 66 remained mostly positive following the announcement.
7 January 2026
Phillips 66 buys UK Lindsey oil refinery assets — but says it won’t reopen the plant

Phillips 66 buys UK Lindsey oil refinery assets — but says it won’t reopen the plant

Phillips 66 Limited will acquire assets from the closed Lindsey Oil Refinery and integrate key facilities into its Humber Refinery, keeping Lindsey offline as a crude-processing site. The Insolvency Service named Phillips 66 as the successful bidder, with the sale subject to regulatory approval. Lindsey, shuttered since July, once produced 10% of UK fuel. The company has not disclosed the sale price or long-term job plans.
7 January 2026
Trump’s Venezuela Oil Move Sends Chevron, Refiners Jumping as Crude Holds Steady

Trump’s Venezuela Oil Move Sends Chevron, Refiners Jumping as Crude Holds Steady

U.S. energy stocks jumped in pre-market trading Monday after President Trump vowed to unlock Venezuela’s oil reserves following the capture of Nicolás Maduro. Chevron rose about 7%, with Exxon Mobil and Halliburton also gaining. Oil prices edged up less than 1% as U.S. sanctions and OPEC+ output policy remained unchanged. Tankers carrying Venezuelan crude have left in “dark mode” to avoid detection, industry sources said.
S&P 500, Nasdaq futures climb as Venezuela takedown lifts Chevron and puts AI back in focus

S&P 500, Nasdaq futures climb as Venezuela takedown lifts Chevron and puts AI back in focus

U.S. stock futures rose Monday after the U.S. captured Venezuelan President Nicolás Maduro, with S&P 500 up 0.3% and Nasdaq up 0.7% premarket. Chevron jumped 6.5% and other oil stocks surged on hopes for wider access to Venezuela’s reserves, though the embargo remains. Oil prices slipped. Maduro is being held in New York and will appear in court Monday.
Valero Energy stock (VLO) jumps 5% in premarket as Trump’s Venezuela move shakes oil names

Valero Energy stock (VLO) jumps 5% in premarket as Trump’s Venezuela move shakes oil names

Valero shares surged 5.3% to $174.07 in premarket trading Monday after U.S. President Trump vowed to keep an embargo on Venezuelan oil exports. Oil prices slipped despite the turmoil, with Brent down 0.8% at $60.26 a barrel. Marathon Petroleum and Phillips 66 also posted strong early gains. Investors await U.S. factory-demand data and Valero’s Jan. 29 earnings.
Phillips 66 stock in focus after U.S. strike in Venezuela jolts crude flow outlook

Phillips 66 stock in focus after U.S. strike in Venezuela jolts crude flow outlook

Phillips 66 closed Friday up 1.2% at $130.57, ahead of U.S. forces seizing Venezuelan President Nicolás Maduro in a weekend operation. Venezuela’s oil exports remain stalled under a U.S. blockade, with loaded tankers unable to depart, sources said. Traders are watching for moves in oil futures and refining stocks when markets reopen Monday.
Phillips 66 stock in focus after U.S. strikes Venezuela and Maduro’s capture raises oil-supply questions

Phillips 66 stock in focus after U.S. strikes Venezuela and Maduro’s capture raises oil-supply questions

U.S. President Donald Trump said American forces captured Venezuelan President Nicolas Maduro on Saturday, paralyzing Venezuela’s oil exports as loaded ships were not cleared to depart, Reuters reported. Phillips 66 shares closed at $130.57 Friday, up 1.19%, with traders set to react to the news when markets reopen Monday. Maduro is expected in Manhattan federal court and the U.N. Security Council will meet over the U.S. action.
4 January 2026
Valero stock set for Venezuela test as U.S. attack triggers oil embargoValeroValero stock set for Venezuela test as U.S. attack triggers oil embargo

Valero stock set for Venezuela test as U.S. attack triggers oil embargoValeroValero stock set for Venezuela test as U.S. attack triggers oil embargo

U.S. forces captured Venezuelan President Nicolas Maduro on Saturday, President Trump said. Venezuela’s oil exports have halted, with loaded tankers unable to depart, according to sources. Valero shares closed up 1.5% Friday; traders will watch for fallout when markets reopen Monday. PDVSA oil production and refining remain unaffected, but exports are sharply down due to a U.S. embargo and tanker blockade.
Phillips 66 stock forecast: PSX faces oil-price test after U.S. strikes Venezuela

Phillips 66 stock forecast: PSX faces oil-price test after U.S. strikes Venezuela

President Donald Trump said the U.S. struck Venezuela and captured President Nicolas Maduro. Phillips 66 shares closed up 1.2% at $130.57 Friday, before the news broke. Two sources told Reuters that PDVSA’s oil operations were running normally. Brent crude settled at $60.75 a barrel, with markets closed for the weekend.

Stock Market Today

  • OpenAI Files Confidential SEC Paperwork for IPO Amid AI Market Race
    June 8, 2026, 11:46 PM EDT. OpenAI, the maker of ChatGPT, filed confidential paperwork with the U.S. Securities and Exchange Commission as it contemplates an initial public offering (IPO), joining a competitive wave of AI companies eyeing Wall Street. Valued at $852 billion, OpenAI has not set a timetable for the IPO, citing strategic trade-offs. The San Francisco-based firm's move follows rival Anthropic and space company SpaceX, both pursuing public listings. OpenAI reorganized as a public benefit corporation, maintaining nonprofit control, and recently won a legal battle against co-founder Elon Musk, clearing the path for its potential IPO. The company continues to operate at a loss due to high AI development costs but is positioning itself with public-company financial practices under CFO Sarah Friar. OpenAI's listing would place it among the largest S&P 500 firms, reflecting the growing investor appetite for AI sector pioneers.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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