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NYSE:XOM 20 February 2026 - 12 March 2026

Oil Stocks Before Market Open Today: What to Know as Crude Surges and Exxon, Chevron, Occidental Rise

Oil Stocks Before Market Open Today: What to Know as Crude Surges and Exxon, Chevron, Occidental Rise

U.S. oil shares pointed higher ahead of Thursday’s open, with Exxon Mobil, Chevron, and Occidental Petroleum gaining ground in premarket trading as crude prices shot up on renewed Gulf shipping attacks. Brent spiked above $100 a barrel for a short stretch before pulling back; at 0733 GMT, it was still up 4.86% at $96.45. WTI, the U.S. standard, climbed 4.64% to $91.30. Oil’s impact stretches well beyond energy these days. By 3:35 a.m. ET, Dow futures had slipped 0.8%, with the S&P 500 and Nasdaq both off 0.7%. Goldman shifted its expected timing for the next Fed rate cut out to September. U.S. gasoline prices broke above $3.50 a gallon this week—marking the highest level since May 2024.
12 March 2026
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Oil Price Today: Brent Rebounds Above $88 as IEA Release Plan Fails to Calm Hormuz Fears

Oil Price Today: Brent Rebounds Above $88 as IEA Release Plan Fails to Calm Hormuz Fears

Oil bounced higher Wednesday, Brent topping $88 a barrel again and U.S. crude climbing past $84, after traders shrugged off talk that a record emergency stock release could offset fallout tied to the U.S.-Israeli war with Iran. Brent gained 59 cents to hit $88.39 as of 0727 GMT. West Texas Intermediate advanced 98 cents, reaching $84.43. This isn’t just about oil. Roughly 20% of the world’s supply moves through the Strait of Hormuz, the tight passage flanked by Iran and Oman. If disruptions drag on, Brent probably holds above $95 a barrel for the next couple of months, the U.S. Energy Information Administration says, before retreating later this year.
11 March 2026
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Oil Prices Crash 13%: Brent and WTI Tumble as Trump Signals Iran War May End Soon

Oil Prices Crash 13%: Brent and WTI Tumble as Trump Signals Iran War May End Soon

Oil tumbled over 13% Tuesday, with prices reversing sharply after U.S. President Donald Trump commented the Iran conflict could wrap up soon—knocking down those supply fears that had sent crude spiking just the day before. As of 12:58 p.m. EDT, Brent slid $12.46 to $86.50 a barrel; U.S. West Texas Intermediate was off $12.24 at $82.53. “Short-lived war” chatter helped take the edge off, said DBS Bank’s Suvro Sarkar. It’s a live issue now: Monday’s price spike amplified inflation fears and sparked talk of emergency stock draws. Brent ended the session at $98.96, having briefly surged to $119.50 after Saudi Arabia and other OPEC members pulled back on supply. With traders zeroed in on the Strait of Hormuz—a narrow Gulf chokepoint where about a fifth of global oil and LNG moves—market nerves stayed tight.
10 March 2026
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Exxon Mobil Corporation Wants a Texas Legal Home as Shareholder Battles Mount

Exxon Mobil Corporation Wants a Texas Legal Home as Shareholder Battles Mount

Exxon Mobil Corporation is seeking shareholder approval to shift its legal domicile from New Jersey to Texas, according to a preliminary proxy filed Tuesday. The proposed move wouldn’t relocate any jobs or assets, but it would put Exxon under Texas corporate law. The oil giant has kept its headquarters in Texas since 1989. Timing is key here. Texas has tweaked sections of its corporate law, launched a business court to handle thorny disputes, and now allows companies to define ownership cutoffs for certain shareholder lawsuits. Exxon, for its part, has pushed back against climate and governance campaigners just as its May 27 annual meeting approaches.
10 March 2026
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Exxon Mobil’s first Gulf Coast-to-Australia fuel shipment signals how Hormuz disruption is spreading

Exxon Mobil’s first Gulf Coast-to-Australia fuel shipment signals how Hormuz disruption is spreading

Exxon Mobil Corporation is set to ship around 600,000 barrels of fuel from the U.S. Gulf Coast to Australia in mid-March, according to four people familiar with the situation—marking the company’s first such move. These shipments are intended to supply Exxon’s own Australian import needs as Asian refiners grapple with crude shortages linked to ongoing Strait of Hormuz disruptions. Exxon runs three fuel terminals across Australia and distributes to retailers via its Mobil Oil arm. According to analysts, U.S. and Israeli strikes on Iran prompted some regional oil and gas fields to shut down, and shipping in the Strait of Hormuz has ground to a stop. The channel, which runs between Iran and Oman, serves as the main artery for tankers moving crude, fuel, and LNG out of the Middle East.
5 March 2026
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Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil climbed over 3% Wednesday, with Brent crude hitting $84.07 per barrel and U.S. West Texas Intermediate settling at $76.80. The U.S.-Israeli war on Iran hit Middle East supply lines hard, forcing tanker traffic to a halt at the Strait of Hormuz. “The primary near-term driver for oil prices remains the US-Iran conflict,” OANDA’s Kelvin Wong said. U.S. President Donald Trump suggested Navy escorts for commercial vessels, but that didn’t calm the market. Benchmark European gas prices surged over 50% on Monday, prompting the EU’s gas supply coordination group to schedule a meeting for Wednesday, according to a European Commission spokesperson. The front-month Dutch TTF contract, the region’s main gas benchmark, changed hands at 48.66 euros per megawatt hour. Officials will also bring together the bloc’s oil coordination group.
4 March 2026
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Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Exxon Mobil, TotalEnergies, and Shell are looking at increased threats to their oil and gas production, with analysts pointing to the U.S.-Israel conflict with Iran as fields go offline and shipping routes get squeezed. Still, the sector finds support from climbing prices. The big concern right now: the Strait of Hormuz. Tankers packed with crude, fuel, and LNG squeeze through this narrow passage between Iran and Oman to get out of the Gulf. If shipping stalls here, supplies dwindle quickly and buyers end up paying higher prices.
3 March 2026
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Exxon Mobil stock price: Friday rally sets up Monday test after Iran strikes, OPEC+ meeting

Exxon Mobil stock price: Friday rally sets up Monday test after Iran strikes, OPEC+ meeting

New York, February 28, 2026, 11:24 EST — Market closed Energy markets braced for a choppy start after strikes by the U.S. and Israel on Iran rattled nerves over potential Middle East supply shocks. Exxon Mobil finished Friday’s session at $152.50, up $3.96, or 2.7%. “The strike raises geopolitical risk premia as markets head into Monday’s open,” said OCBC strategist Christopher Wong in Singapore.
28 February 2026
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Stock Market Today

  • Axon Enterprise (NASDAQ: AXON) slides 30% since August—AI revenue soars 700%
    July 1, 2026, 10:40 PM EDT. Semiconductor stocks tied to AI kept climbing in 2026, with iShares Semiconductor ETF doubling, but AI software names went the other way. The iShares Expanded Tech-Software Sector ETF dropped 16%, trailing the S&P 500. Axon Enterprise (NASDAQ: AXON), the police tech company behind TASERs and AI tools, is off 30% since August 2025. Yet Axon posted 34% revenue growth last quarter, driven by net revenue retention of 125% and higher full-year guidance of 30-32% growth. The company also saw AI product revenue surge over 700%, helped by Draft One for automatic bodycam report writing and Axon Assistant for real-time voice translation. Axon's numbers and new AI offerings put it on some investors' watchlists after the recent selloff.
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