Today: 29 April 2026
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NYSE:SLB 17 October 2025 - 1 January 2026

Energy stocks today: Oil’s steep 2025 slide weighs on XLE as OPEC+ meeting nears

Energy stocks today: Oil’s steep 2025 slide weighs on XLE as OPEC+ meeting nears

The S&P 500 energy sector fell 0.52% in the final 2025 session as oil prices posted their steepest annual drop since 2020, with WTI settling at $57.42 a barrel and Brent at $60.85, both down about 19% for the year. EQT Corp slid 1.9%, while oilfield services stocks also declined. Traders are awaiting the Jan. 4 OPEC+ meeting for signals on output policy. U.S. crude inventories dropped by 1.9 million barrels last week.
Energy Stocks Slide Today as Oil Drops Below $60: Exxon, Chevron, Refiners and Oil Services Sink (Dec. 16, 2025 — 1:45 p.m. ET Update)

Energy Stocks Slide Today as Oil Drops Below $60: Exxon, Chevron, Refiners and Oil Services Sink (Dec. 16, 2025 — 1:45 p.m. ET Update)

U.S. energy stocks fell sharply Tuesday as Brent crude dropped below $60 and WTI hit multi-year lows. Major names including Exxon Mobil, Chevron, and Marathon Petroleum lost between 2% and nearly 5% intraday. Traders cited optimism over Russia–Ukraine peace talks and weak China data as key drivers. Energy sector ETFs and oilfield services stocks posted some of the steepest declines.
SLB Stock Q3 Beat, $4B Buybacks & Oil Swoon: Will Schlumberger (SLB) Rebound?

SLB Stock Q3 Beat, $4B Buybacks & Oil Swoon: Will Schlumberger (SLB) Rebound?

SLB N.V. shares traded near $33 on Oct. 17, 2025, down over 20% from a year ago despite beating Q3 earnings estimates with $0.69 EPS and $8.93 billion revenue. The company closed a $7.7 billion merger with ChampionX in July, adding $595 million to Q3 revenue. Oil prices fell to $61 Brent, pressuring international revenue, which dropped 7% year-over-year. SLB plans at least $4 billion in shareholder payouts for 2025.

Stock Market Today

  • Nifty Surges with Broader Market Strength; Vinay Rajani Highlights Oil India and Reliance
    April 29, 2026, 8:36 AM EDT. Indian equity markets show resilience beyond headline indices, says Vinay Rajani, AVP at HDFC Securities. He sees Nifty poised to climb after a corrective pullback, with resistance near 24,600 and 200-day exponential moving average. The broader market gains are significant: microcap 250 index up 23%, smallcap index up 21%, and strong midcap participation indicate depth in the rally. Bank Nifty trails due to less IT sector support, expected to underperform Nifty. Rajani picks Oil India, noting its rising volumes and relative strength, and Reliance Industries, highlighting its textbook bullish reversal pattern. Entry and stop-loss levels are clearly defined, providing traders tactical guidance amid positive technical signals.

Latest article

BigBear.ai Stock Jumps 10% Before Earnings: Why BBAI Is Back on Traders’ Screens

BigBear.ai Stock Jumps 10% Before Earnings: Why BBAI Is Back on Traders’ Screens

29 April 2026
BigBear.ai shares jumped 10.46% to close at $4.12 Tuesday, with trading volume 54% above its three-month average. The company will report first-quarter results after markets close on May 5. Analysts expect a quarterly loss and revenue near $33.6 million. The move comes as AI stocks face pressure following reports of missed targets at OpenAI.
Gas Prices Hit $4.23 as Iran Oil Shock Reaches U.S. Pumps

Gas Prices Hit $4.23 as Iran Oil Shock Reaches U.S. Pumps

29 April 2026
U.S. average gasoline prices rose to $4.229 a gallon Wednesday, up 21 cents from a week ago, AAA reported. Brent crude climbed above $114 as traders reacted to ongoing disruptions near Iran and the Strait of Hormuz. Refineries in the Midwest faced outages, tightening supply. The Federal Reserve is expected to hold rates steady as officials monitor energy-driven inflation.
KPMG’s $60 Million Pentagon Contract Loss Ends Its U.S. Federal Audit Run

KPMG’s $60 Million Pentagon Contract Loss Ends Its U.S. Federal Audit Run

29 April 2026
KPMG will close its U.S. federal government audit business and reassign over 450 staff after losing a $60 million annual Pentagon contract, the Financial Times reported. The firm had audited the Army for nearly a decade, with its latest contract rising to $64 million a year. The Pentagon is shifting to consolidated audits and aims for a clean audit by 2028. KPMG expects to exit federal audit work by 2030.
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