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NYSE:XOM 13 April 2026 - 31 May 2026

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

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

Exxon Mobil senior vice president Neil Chapman told a Bernstein investor conference that crude prices could spike to $150-$160 a barrel in just weeks if global inventories drop to minimum levels. The warning adds pressure to the oil market, even as futures slipped on hopes for a U.S.-Iran ceasefire. “We’re approaching unheard of inventory levels,” Chapman said. Once stocks hit the bottom, prices can “shoot up.”
31 May 2026
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Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

Dow Edges Up, Nasdaq Slips From Highs; Oil Drops

U.S. stocks traded mixed late Wednesday morning. The Dow gained, the S&P 500 hovered near flat, and the Nasdaq dipped as investors paused after setting new highs. Cheaper oil and uncertainty in the Middle East factored in. Reuters data from LSEG showed the S&P 500 at 7,521.43, up 0.03%, the Dow at 50,718.64, up 0.51%, and the Nasdaq at 26,638.26, down 0.07%. All values were delayed at least 15 minutes.
27 May 2026
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Oil Slips, but the Real Trade Is Still Hormuz Risk

Oil Slips, but the Real Trade Is Still Hormuz Risk

Brent crude edged lower Wednesday, trimming gains from a strong three-day surge as markets tracked two major factors: a shaky ceasefire in the Middle East and the Trump-Xi summit in Beijing later this week. According to Reuters, Brent eased 0.2% to $107.58 per barrel, with WTI slipping 0.4% to $101.79. Both contracts hovered around the $100 mark—a level that’s dominated trading since the Iran war choked off most flows through the Strait of Hormuz.
13 May 2026
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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

Oil jumping past $110 a barrel is giving big energy stocks fresh momentum. Exxon Mobil, Chevron, and ConocoPhillips—those are the U.S. names traders are eyeing first today. Brent crude gained close to 3% as U.S.-Iran negotiations stalled out, leaving the Strait of Hormuz mostly closed off. “The market was rapidly repricing geopolitical risk,” said Rystad Energy’s Jorge Leon.
28 April 2026
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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 tumbled Friday, with Brent at about $88.90 a barrel and U.S. crude circling $83.08, after Iran confirmed the Strait of Hormuz would stay open to commercial ships throughout the 10-day ceasefire period—tempering anxiety over prolonged supply risks. Wall Street responded: S&P 500 and Nasdaq both notched new records, and the Dow added over 2% by midday in New York.
17 April 2026
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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

Stocks pushed higher Friday, with both the S&P 500 and Nasdaq Composite touching new intraday peaks. The Dow Jones Industrial Average also climbed, marking its strongest level in over two months. The rally followed news from Iran confirming the Strait of Hormuz would stay open to commercial ships during a planned 10-day truce. James Reilly, economist at Capital Economics, described the announcement as a “significant and necessary step” toward a possible end to the conflict.
17 April 2026
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Oil Prices Hold Near $95 as Brent, WTI Weigh Hormuz Risk Against Fresh U.S.-Iran Peace Hopes (Reuters)

Oil Prices Hold Near $95 as Brent, WTI Weigh Hormuz Risk Against Fresh U.S.-Iran Peace Hopes (Reuters)

Oil ended little changed Wednesday. Brent edged up 14 cents to finish at $94.93 a barrel, while U.S. WTI futures ticked just a penny higher, closing at $91.29. Optimism around potential U.S.-Iran talks, along with President Donald Trump saying the war was “close to over,” capped any significant gains. Still, muted tanker movement through the Strait of Hormuz—a crucial route for crude shipments—helped prevent a bigger drop.
15 April 2026
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Stock Market Today: US Futures Slide Before the Bell as Oil Tops $100; Goldman Falls, Exxon and Baker Hughes Rise

Stock Market Today: US Futures Slide Before the Bell as Oil Tops $100; Goldman Falls, Exxon and Baker Hughes Rise

U.S. stock futures slipped ahead of Monday’s session as oil surged past the $100 mark—a reaction to stalled U.S.-Iran peace talks over the weekend. Energy names rallied, but banks and travel stocks took a hit. As of 8:32 a.m. ET, Dow futures had dropped 1.06%, S&P 500 futures were off 0.63%, and Nasdaq 100 futures slipped 0.62%.
13 April 2026
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