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NYSE:XOM 8 January 2026 - 12 January 2026

Crude Oil Price Today: Brent dips, oil stocks wobble as Iran and Venezuela headlines hit

Crude Oil Price Today: Brent dips, oil stocks wobble as Iran and Venezuela headlines hit

Brent crude fell to $63.03 a barrel as traders reduced the Iran risk premium after officials said the situation was under control. Vitol and Trafigura secured early deals to restart Venezuelan crude exports, while U.S. majors stayed cautious. Exxon Mobil dropped 1% premarket after Trump threatened to block its Venezuela investments. U.S. stock futures and oil-related shares were mixed ahead of CPI data.
12 January 2026
Oil stocks brace for Monday as Bessent hints Venezuela sanctions relief; Chevron, Exxon in focus

Oil stocks brace for Monday as Bessent hints Venezuela sanctions relief; Chevron, Exxon in focus

U.S. Treasury Secretary Scott Bessent said sanctions on Venezuela could be eased as soon as next week to boost oil exports, with proceeds possibly flowing back into the country. Brent crude closed Friday at $63.34 a barrel, WTI at $59.12, amid ongoing tensions in Iran and Ukraine. President Trump signed an order blocking seizure of Venezuelan oil revenue in U.S. accounts. Chevron and Exxon shares rose; ConocoPhillips slipped.
Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

Chevron shares rose 1.8% to $162.11 after executives told the White House the company could quickly double Venezuelan crude exports if U.S. sanctions ease. Treasury Secretary Scott Bessent said more sanctions could be lifted next week. Trump signed an order blocking seizure of Venezuelan oil revenue in U.S. accounts. Brent crude closed up 2.18% at $63.34 a barrel amid fresh supply concerns.
Exxon Mobil stock set for Monday as Venezuela pivot and oil prices grab focus

Exxon Mobil stock set for Monday as Venezuela pivot and oil prices grab focus

Exxon Mobil shares closed up 1.4% at $124.61 Friday after CEO Darren Woods said the company could consider returning to Venezuela if legal protections improve. President Trump signed an emergency order blocking courts from seizing Venezuelan oil revenue in the U.S. Treasury. U.S. officials may lift more Venezuela sanctions next week. Exxon’s next earnings call is set for Jan. 30.
11 January 2026
Oil stocks brace for Monday after Trump’s Venezuela push; Exxon calls it “uninvestable”

Oil stocks brace for Monday after Trump’s Venezuela push; Exxon calls it “uninvestable”

Exxon, Chevron, and ConocoPhillips told President Trump they will only invest in Venezuela if new legal and security guarantees are met. Brent crude closed at $63.34 a barrel, WTI at $59.12, as Iran unrest and Russia-Ukraine tensions weighed on supply. Exxon rose 1.4%, Chevron 1.8%, ConocoPhillips fell 1.2%. Trafigura will load its first U.S.-bound Venezuelan crude shipment next week.
Exxon Mobil stock in focus as CEO calls Venezuela “uninvestable” while keeping return option alive

Exxon Mobil stock in focus as CEO calls Venezuela “uninvestable” while keeping return option alive

Exxon Mobil shares rose 1.38% to $124.61 Friday after CEO Darren Woods said the company may consider returning to Venezuela if legal and regulatory conditions improve. Woods called Venezuela “uninvestable” under current laws and cited past asset seizures. U.S. crude closed at $59.12 a barrel, below most producers’ break-even levels. Chevron remains the only U.S. major operating in Venezuela.
10 January 2026
Exxon Mobil (XOM) stock ticks up as filing flags up to $1.2 bln Q4 upstream hit

Exxon Mobil (XOM) stock ticks up as filing flags up to $1.2 bln Q4 upstream hit

Exxon Mobil shares rose 0.6% to $123.63 after warning lower crude prices may cut Q4 upstream earnings by $800 million to $1.2 billion, partly offset by stronger refining margins. Chevron gained 1.4% as oil prices climbed on supply concerns. Exxon also signed a memorandum with Turkey’s TPAO for exploration in the Black Sea and Mediterranean. Investors await Exxon’s Q4 results on Jan. 30.
Brent price stock in focus: BNO oil ETF slips premarket as Venezuela talks and Iran unrest steer crude

Brent price stock in focus: BNO oil ETF slips premarket as Venezuela talks and Iran unrest steer crude

United States Brent Oil Fund (BNO) fell 0.5% to $29.12 in premarket trading after a 4.4% gain Thursday. Brent futures rose 0.7% to $62.42 a barrel amid Iran protests and Venezuela export talks. Chevron and others will meet U.S. officials Friday over Venezuelan oil sales. Asian fuel oil premiums jumped as traders expect more Venezuelan crude to head to the U.S.
9 January 2026
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.
Oil prices rise on Iran, Venezuela worries; Exxon and Chevron stocks jump premarket

Oil prices rise on Iran, Venezuela worries; Exxon and Chevron stocks jump premarket

Exxon Mobil rose 3.7% and Chevron gained 2.6% in U.S. premarket trading Friday, tracking higher crude prices. The White House will meet oil majors and traders on Venezuela later today as markets weigh risks from Iran and Venezuelan exports. Brent crude was up 0.7% at $62.42 a barrel. Exxon warned lower oil prices could cut Q4 upstream earnings by up to $1.2 billion.
Exxon stock jumps after Q4 upstream warning; oil rebound and Jan. 30 earnings loom

Exxon stock jumps after Q4 upstream warning; oil rebound and Jan. 30 earnings loom

Exxon Mobil shares rose 3.7% in after-hours trading after a filing warned of a possible $0.8–$1.2 billion hit to Q4 upstream earnings from weaker crude prices. The company cited stronger refining margins as a potential offset. Investors are watching for Exxon’s Jan. 30 earnings and Friday’s U.S. jobs report. Oil prices surged over 3% Thursday amid global supply concerns.
Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil shares rose 3.3% to $122.42 by early afternoon Thursday after the company warned that lower crude prices could cut fourth-quarter upstream earnings by $0.8 billion to $1.2 billion from the prior quarter. Exxon said stronger refining margins may add $0.3 billion to $0.7 billion. The company reports results Jan. 30. Traders are watching oil price swings and estimate changes.
Brent price stock BRNT rises as oil rebounds on U.S. crude draw, Russia sanctions in focus

Brent price stock BRNT rises as oil rebounds on U.S. crude draw, Russia sanctions in focus

WisdomTree Brent Crude Oil (BRNT.L) rose 1% to $46.66 in London, tracking Brent futures up 1.5% at $60.83. U.S. crude inventories fell by 3.8 million barrels, while gasoline and distillate stocks climbed. Analysts cited U.S. policy moves on Russia and oversupply concerns as key factors. Exxon Mobil warned lower crude prices could cut Q4 upstream earnings by up to $1.2 billion.
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 stocks slide before the open as Exxon flags up to a $1.2 billion hit — what to watch next

Oil stocks slide before the open as Exxon flags up to a $1.2 billion hit — what to watch next

Exxon Mobil dropped 2.1% and ConocoPhillips fell 3.3% in U.S. premarket trading after Exxon warned lower crude prices could cut Q4 upstream earnings by up to $1.2 billion. Brent crude edged up 6 cents to $60.02 a barrel, but analysts warned of a potential 3 million bpd surplus in early 2026. U.S. crude stocks fell 3.8 million barrels, while gasoline and distillate inventories jumped.
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