Energy stocks close at fresh records as oil jumps on Iran fears; what to watch this week

U.S. energy shares closed Friday at record highs, propelled by a strong rebound in crude oil as traders factored in escalating Middle East supply risks ahead of the new week.

NYSE:COP · NYSE:CVX · NYSE:OXY · NYSE:SLB · NYSE:XOM
Oil stocks face Monday test after crude hits 1-week high on Iran risk, with Big Oil earnings ahead

Oil stocks face Monday test after crude hits 1-week high on Iran risk, with Big Oil earnings ahead

Oil shares are poised to open higher Monday in the U.S. as crude prices hit their highest level in over a week amid mounting pressure on Iran from Washington, raising fresh supply concerns. On Friday, Brent climbed $1.82, or 2.8%, to close at $65.88 a barrel. U.S. West Texas Intermediate jumped $1.71, or 2.9%, ending the day at $61.07.
25 January 2026
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Exxon stock price: XTO’s Eagle Ford sale push puts XOM in play ahead of key week

Exxon stock price: XTO’s Eagle Ford sale push puts XOM in play ahead of key week

Exxon Mobil shares ended Friday roughly 1% higher at $134.97. Late in the session, the company confirmed that its XTO unit has opened a virtual data room to gauge buyer interest in select Eagle Ford shale assets in South Texas. Sources say the sale process is being handled internally, without investment banks. The package covers about 168,000 net acres and more than a thousand wells, with a potential value topping $1 billion. Exxon said this aligns with its ongoing strategy to “continually evaluate and optimize” its portfolio, focusing on growth in the Permian Basin, Guyana, and liquefied natural gas.
24 January 2026
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Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Nigeria’s President Bola Tinubu has given the green light to investment-linked incentives for Shell’s Bonga South West deepwater oil project, following talks with CEO Wael Sawan. Sawan indicated a final investment decision could come by 2027, with projected capital and operating costs around $20 billion. Shell is also eyeing Nigeria’s exploration licence round. Tinubu emphasized these incentives aren’t “blanket concessions” but tied to fresh capital and output. Shell highlighted recent investments in Bonga North and a gas project supplying Nigeria LNG; Exxon Mobil is another Bonga partner.
24 January 2026
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Exxon Mobil stock price rises after-hours as XTO shops $1 billion Eagle Ford assets ahead of Q4 results

Exxon Mobil stock price rises after-hours as XTO shops $1 billion Eagle Ford assets ahead of Q4 results

Exxon Mobil shares edged up about 1% to $134.97 in after-hours trading Friday following reports that its XTO Energy unit is gauging interest from buyers for certain Eagle Ford shale assets. The package covers roughly 168,000 net acres in South Texas — acreage adjusted for Exxon’s ownership share — and is valued at over $1 billion. Sources say XTO has set up a secure online data room for bidders and is conducting the sale internally, without tapping investment banks. An Exxon spokesperson described the move as part of a strategy to “continually evaluate and optimize” its portfolio, a push coming as U.S. crude prices remain about 18% below last year’s levels and following the company’s $60 billion acquisition of Pioneer Natural Resources in 2024.
24 January 2026
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Exxon Mobil stock price flat after hours as Tengiz fire probe and oil slide keep traders cautious

Exxon Mobil stock price flat after hours as Tengiz fire probe and oil slide keep traders cautious

Exxon Mobil shares edged up 5 cents to $133.64 in after-hours trading Thursday, after fluctuating between $131.74 and $134.17 during the session. Kazakhstan’s energy ministry said a special commission is probing the January 18 incident that shut down the massive Tengiz oil field. Exxon holds a 25% stake there alongside operator Chevron. Reuters reported that Tengizchevroil declared force majeure on CPC Blend shipments, allowing a halt in deliveries following the disruption.
23 January 2026
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Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

Oil prices today: Brent and WTI slide as Trump cools Greenland, Iran talk; inventories back in focus

Oil prices gave back two days of gains on Thursday, slipping as traders eased concerns over geopolitical risks. By 0954 GMT, Brent crude dropped 61 cents, or 0.9%, to $64.63 a barrel. Meanwhile, U.S. West Texas Intermediate crude for March slid 54 cents, also down 0.9%, to $60.08. Ole Hansen, chief commodity analyst at Saxo Bank, described the move as a “deflation of risk premium” amid cooling headlines from Greenland and Iran.
22 January 2026
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Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

Oil stocks brace for Tuesday as Brent holds near $64 and tariff jitters cloud demand

Oil stocks reopened Tuesday with crude clinging near $64 a barrel after supply worries tied to Iran faded and traders shifted focus to the U.S.-Europe spat over Greenland. Brent inched up a penny to $64.14 a barrel, while U.S. West Texas Intermediate added 7 cents, landing at $59.51. “The market is now focusing on the Greenland situation … any trade war expansion could impact demand,” said Janiv Shah, analyst at Rystad Energy. Phil Flynn of Price Futures Group described the scene as a market “locked in by competing bullish and bearish forces” that might push prices into “sideways trade.”
19 January 2026
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Oil stocks brace for holiday week as Chevron Venezuela license and $60 oil collide

Oil stocks brace for holiday week as Chevron Venezuela license and $60 oil collide

Chevron will be in focus during the next U.S. session after Energy Secretary Chris Wright revealed that Washington is rushing to expand the company’s Venezuela license. The update would allow Chevron to pay the Venezuelan government in cash and sell all the oil it produces there. “So they become immediately, another marketer of crude as well,” Wright explained. Chevron shares closed Friday nearly flat, up 0.1% at $166.26.
18 January 2026
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