Today: 12 June 2026
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NYSE:XOM 17 April 2026 - 6 June 2026

Exxon Mobil Stock Slipped Friday. Why XOM’s Next Move May Come From Oil, Not Earnings

Exxon Mobil Stock Slipped Friday. Why XOM’s Next Move May Come From Oil, Not Earnings

Exxon Mobil shares rose 3.2% for the week to $149.92, outperforming the S&P 500’s 2.64% drop, as investors weigh low global oil inventories and potential price spikes—with senior VP Neil Chapman warning Brent could hit $150-160 if supplies tighten further—against signs of demand destruction and upcoming inflation data that could sway Fed policy.
Exxon Texas Vote Faces $160 Oil Warning While Hormuz Talks Stall

Exxon Texas Vote Faces $160 Oil Warning While Hormuz Talks Stall

Exxon Mobil’s Neil Chapman warned crude prices could jump to $150-$160 a barrel within weeks if global inventories hit minimums, citing “unheard of” low stocks. Brent crude closed Friday at $92.05. Exxon shareholders approved moving the company’s legal home to Texas, with 71.2% in favor. Chevron CEO Mike Wirth also expects prices to rise as the Hormuz blockade cuts global supply.
31 May 2026
Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

The Dow rose 0.51% while the S&P 500 was nearly flat and the Nasdaq slipped 0.07% late Wednesday morning, after both indexes set records Tuesday. Oil prices fell, lifting cruise and airline stocks but weighing on energy shares. Micron hit $1 trillion in market cap. Goldman Sachs raised its S&P 500 year-end target to 8,000.
Exxon Mobil Corporation Wants a Texas Legal Home as Shareholder Battles Mount

Exxon Stock Moves in Holiday Week Trading

Exxon Mobil shares closed at $154.92 Friday, down 0.24% on the day and 1.9% for the week, ahead of the Memorial Day market closure. The stock retreated from a midweek high as investors weighed possible Venezuela oil deals and volatile crude prices. Exxon’s annual meeting is set for Wednesday, with a shareholder vote on moving its legal home to Texas. Brent crude settled at $103.54 a barrel, posting a weekly loss.
24 May 2026
Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

Exxon, Chevron Say Oil Reserves Hit by Hormuz Choke, More Volatility Ahead

The U.S. shipped a record 9.9 million barrels from its emergency oil reserve last week, cutting stocks to 374 million barrels. Brent crude settled at $111.28 a barrel Tuesday after signs of progress in U.S.-Iran talks, but Exxon and Chevron warned the market has not fully absorbed the impact of the Strait of Hormuz closure. The IEA reported global oil inventories fell by 246 million barrels in March and April.
20 May 2026
Motor-oil supplies tighten, raising risk of pricier oil changes

Motor-oil supplies tighten, raising risk of pricier oil changes

Nissan has withdrawn a warning about possible U.S. motor-oil shortages but says supply could change quickly, Hearst Television reported Monday. The Independent Lubricant Manufacturers Association said Middle East disruptions are raising costs and limiting Group III base oil, used in many synthetic oils. Toyota and General Motors have also responded to supply concerns. Some suppliers and analysts report emerging shortages in certain synthetic oils.
Exxon, Chevron And 4 U.S. Energy Stocks To Watch Today As Oil Spikes On Iran Risk

Exxon, Chevron And 4 U.S. Energy Stocks To Watch Today As Oil Spikes On Iran Risk

Brent crude rose to $109.19 a barrel and WTI to $104.89 after renewed tensions near the Strait of Hormuz. Exxon, Chevron, ConocoPhillips, Occidental, SLB, and Halliburton gained in early trading. U.S. crude inventories dropped by 4.3 million barrels last week, while global oil supply fell by 1.8 million barrels per day in April, according to the IEA.
Oil Slips, but the Real Trade Is Still Hormuz Risk

Oil Slips, but the Real Trade Is Still Hormuz Risk

Brent crude fell 0.2% to $107.58 a barrel and WTI dropped 0.4% to $101.79 after a three-day rally, as traders weighed Middle East ceasefire talks and the Trump-Xi meeting in Beijing. The IEA reported global oil supply fell by 1.8 million barrels a day in April, outpacing a demand drop. The Strait of Hormuz remains a chokepoint, with limited alternative routes. High prices and delayed Fed rate cuts continue to pressure demand.
Exxon and Chevron Beat Earnings, But the Iran War Left a Bigger Mark Than Oil Prices Show

Exxon and Chevron Beat Earnings, But the Iran War Left a Bigger Mark Than Oil Prices Show

Exxon Mobil and Chevron beat first-quarter earnings forecasts despite lower reported profits, citing disruptions from the Iran war. Exxon’s adjusted earnings reached $1.16 per share, while Chevron posted $1.41 per share. Exxon’s free cash flow was $2.7 billion; Chevron’s was negative $1.5 billion. Both companies said timing effects from unsettled oil shipments weighed on results.
Indiana Gas Prices Near $5 as Refinery Outage, Iran War Hit Drivers

Indiana Gas Prices Near $5 as Refinery Outage, Iran War Hit Drivers

Indiana’s average regular gasoline price jumped to $4.417 per gallon Thursday, up 32.5 cents from Wednesday and 72.7 cents from a week ago, according to AAA. Some South Bend and Fort Wayne stations hit $4.99. The spike follows a shutdown at BP’s Whiting refinery and volatile crude prices linked to the Strait of Hormuz. Indiana’s average now exceeds the national average of $4.300.
30 April 2026
Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

U.S. gasoline prices hit $4.30 a gallon Thursday, the highest since 2022, as the Iran war and refinery issues drove up crude costs. Brent crude briefly topped $126 a barrel before settling at $121.90. U.S. crude output reached a record 13.6 million barrels per day last year, but high exports and falling inventories tightened supplies. Michigan saw prices jump to $4.58 amid regional refinery problems.
Best Energy Stocks to Buy Today: 5 Oil Stocks in Focus as Brent Tops $110

Best Energy Stocks to Buy Today: 5 Oil Stocks in Focus as Brent Tops $110

Brent crude climbed nearly 3% to over $110 a barrel as U.S.-Iran talks stalled, disrupting flows through the Strait of Hormuz. Exxon Mobil, Chevron, and ConocoPhillips led U.S. energy stocks as investors tracked the impact of higher oil prices, which are now 54% above pre-war levels. U.S. stock-index futures fell early Tuesday. ConocoPhillips will report earnings April 30; Exxon follows May 1.
Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

Oil prices dropped and U.S. stocks hit new records Friday after Iran reopened the Strait of Hormuz to commercial shipping during a 10-day ceasefire. Brent crude fell to $88.90 a barrel, while the S&P 500 and Nasdaq set highs. Iran said passage is open but with restrictions, and the U.S. Navy warned of lingering mine threats. Major shipping lines remained cautious about resuming transit.
US Stock Market Today: S&P 500, Nasdaq Hit Records as Oil Slides on Hormuz Reopening

US Stock Market Today: S&P 500, Nasdaq Hit Records as Oil Slides on Hormuz Reopening

The S&P 500 and Nasdaq hit new intraday records Friday after Iran said the Strait of Hormuz would stay open during a 10-day truce, sending oil below $90 a barrel. The Dow reached a two-month high, while Exxon and Chevron fell about 5% as crude dropped. American Airlines rose 8%. Shipping firms warned risks remain in the strait, with U.S. Navy citing unclear mine threats.
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Stock Market Today

  • 3 Solid Balance Sheet Stocks With Strong Cash Flows to Watch
    June 11, 2026, 7:57 PM EDT. Investors are seeking financially resilient stocks amid inflation, energy shocks, and interest rate uncertainty. This report highlights three companies with solid balance sheets, strong return on equity, and consistent performance. Australian gold miner Regis Resources (ASX:RRL) boasts no corporate debt and A$517 million in cash and bullion, supporting growth projects despite gold price volatility. Aristocrat Leisure (ASX:ALL), a global gaming company, generates robust revenue streams from both casino machines and digital gaming, showcasing profitability and growth. These stocks reflect financial discipline and sector robustness, appealing to investors wary of short-term market fluctuations and seeking quality fundamentals.

Latest articles

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

Keel Infrastructure (KEEL) shares surge after $458 million AI data center deal closes

12 June 2026
Keel Infrastructure Corp. surged 5.14% to $5.52 after closing $458 million in 1.250% convertible senior notes due 2032, with proceeds aimed at accelerating AI and high-performance computing data center projects; the notes’ initial conversion price is $7.41, about 25% above the June 4 close, while analysts’ 12-month price targets range from $3.00 to $8.00, averaging $5.52.
Rocket Lab Shares Surge as SpaceX IPO Chatter Returns RKLB to Spotlight

Rocket Lab Shares Surge as SpaceX IPO Chatter Returns RKLB to Spotlight

12 June 2026
Rocket Lab soared 9.26% to $114.78 and hit $119.24 after hours as investors piled into space stocks ahead of SpaceX’s $75 billion IPO, despite KGI Securities starting coverage at Neutral with a $105 target and no company-specific news; record Q1 revenue, a $2.2 billion backlog, and upcoming launches keep attention on RKLB as the sector heats up.
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