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NYSE:USO 6 January 2026 - 15 January 2026

Crude oil price tumbles on Iran de-escalation; USO stock slips before the bell

Crude oil price tumbles on Iran de-escalation; USO stock slips before the bell

Crude oil prices fell over 3% Thursday after President Trump said Iran’s protest crackdown was easing, reducing supply fears. Brent dropped to $64.33 a barrel, U.S. crude to $59.96. U.S. inventories rose by 3.4 million barrels last week, while gasoline stocks jumped 9 million. Tanker shipments hit 1.3 billion barrels, the highest since mid-2020, signaling supply is outpacing demand.
Crude oil price stock jumps before the open as Venezuela talks and Iran unrest lift oil-linked shares

Crude oil price stock jumps before the open as Venezuela talks and Iran unrest lift oil-linked shares

Chevron rose 2.6%, Exxon Mobil 3.7%, and ConocoPhillips 5.1% in U.S. premarket trading as oil prices edged up. The White House plans to meet Friday with major oil companies to discuss investment in Venezuela’s energy sector. Brent crude climbed 0.7% to $62.42 a barrel, while WTI gained 0.7% to $58.17. U.S. crude inventories fell by 3.8 million barrels last week, while gasoline stocks rose sharply.
Crude oil rebounds, but Exxon stock and USO ETF slip in premarket as Venezuela headlines bite

Crude oil rebounds, but Exxon stock and USO ETF slip in premarket as Venezuela headlines bite

USO fell 1% premarket Thursday, Exxon Mobil dropped 2%, and Chevron slipped less than 1%. Brent crude rose to $60.55 in Europe after Trump backed a Russia-sanctions bill. The US seized two Venezuela-linked tankers and reached a deal to import up to $2 billion in Venezuelan crude. Exxon warned lower prices could cut Q4 upstream earnings by up to $1.2 billion.
Oil ETFs swing on Venezuela shock: USO, BNO track crude as U.S. stockpile data looms

Oil ETFs swing on Venezuela shock: USO, BNO track crude as U.S. stockpile data looms

U.S.-listed crude oil ETFs rose in premarket trade Tuesday, with USO and BNO each up 1.8%. Brent crude climbed 0.5% to $62.06 a barrel after the U.S. captured Venezuela’s President Nicolas Maduro, raising uncertainty over Venezuelan output. Investors await U.S. inventory data for further direction. Analysts expect oil supply to remain ample in 2026 despite the Venezuela shock.
6 January 2026

Stock Market Today

  • Nasdaq, S&P 500 Futures Pause Ahead of Record $5.7 Trillion Options Expiry Amid Middle East Tensions
    March 20, 2026, 7:25 AM EDT. U.S. stock futures paused Friday as escalating Middle East conflict pushed oil volatility higher. A record $5.7 trillion 'triple witching' options expiry adds to market uncertainty, marking the largest March expiry since 1996 per Citigroup. Early trading showed Dow futures up 0.2%, S&P 500 futures up 0.1%, flat Nasdaq futures, and Russell 2000 futures rising 0.3%. Retail investors remain bearish on SPY (S&P 500 ETF) and QQQ (Nasdaq-100 ETF). SMCI plunged 20% pre-market after U.S. charges over Nvidia chip smuggling to China. Nvidia stays in focus with a major cloud chip deal with Amazon. Tesla's $2.9 billion China expansion and FedEx's strong earnings further drew investor interest. Rare earth stocks gained attention following a U.S.-Japan $73 billion energy and minerals partnership.
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