Today: 7 February 2026
Subscribe
Browse Category

Oil and Gas News 23 December 2025 - 6 January 2026

SLB Limited stock slips as Evercore upgrade meets Freedom downgrade after Venezuela rally

SLB Limited stock slips as Evercore upgrade meets Freedom downgrade after Venezuela rally

New York, January 6, 2026, 12:01 EST — Regular session Shares of SLB (SLB.N) slipped 0.1% to $43.76 by 12:01 p.m. EST on Tuesday as fresh analyst calls clashed after a Venezuela-fuelled surge in oil-linked names. The stock traded between $43.42 and $44.76 on the day. StreetInsider.com+1 The stock is in focus after U.S. energy shares jumped on Monday on bets that a shift in Washington’s stance could reopen access to Venezuela’s vast reserves, and draw in suppliers needed to lift output. Venezuelan crude is typically “heavy sour” — thick, high-sulfur oil — and “aligns well” with U.S. Gulf Coast
6 January 2026
······
UK stock market today: FTSE 100 hits fresh high as Next upgrade lifts retailers and oil majors rise

UK stock market today: FTSE 100 hits fresh high as Next upgrade lifts retailers and oil majors rise

London, January 6, 2026, 09:54 GMT — Regular session Britain’s FTSE 100 pushed further into record territory on Tuesday, extending its move above the 10,000 mark as a profit upgrade from Next and gains in heavyweight energy names buoyed London stocks. The blue-chip index was up about 0.6% at 10,061 and earlier hit 10,066.68. That keeps the benchmark close to Monday’s first close above 10,000, a psychological level that many investors treat as a test of momentum. The index finished Monday up 0.5% at 10,004.57, with Reuters pointing to commodity-linked sectors and expectations of Bank of England easing as key
6 January 2026
·········
Chevron stock jumps 5% after Venezuela upheaval puts CVX in focus for 2026

Chevron stock jumps 5% after Venezuela upheaval puts CVX in focus for 2026

New York, January 5, 2026, 16:42 EST — After-hours Chevron shares rose 5.2% to $163.85 in after-hours trading on Monday, after U.S. forces captured Venezuelan President Nicolás Maduro and Washington signaled it would take control of the oil-rich country. Chevron is the only U.S. major currently operating in Venezuela and exports about 150,000 barrels per day (bpd) of crude to the U.S. Gulf Coast. Reuters Why this matters now is the barrel itself. Venezuelan crude is typically “heavy sour” oil — thick and high in sulfur — that many U.S. Gulf Coast refineries are built to process, making any change
5 January 2026
·····
CNQ stock drops today as Venezuela turmoil dents Canadian Natural Resources shares

CNQ stock drops today as Venezuela turmoil dents Canadian Natural Resources shares

Toronto, Jan 5, 2026, 14:37 (ET) — Regular session Shares of Canadian Natural Resources Limited (CNQ.TO) (CNQ.N) fell 5.2% to $32.53 in New York afternoon trading on Monday as investors weighed the U.S. capture of Venezuelan President Nicolás Maduro. In early Toronto trade, the stock slid about 8% to C$43.33, while Cenovus Energy lost about 8.7% and Suncor fell to C$59.08, according to The Canadian Press. CityNews Toronto The Venezuela shock hit on the first full trading day of the year, when positioning is thin and investors often reset sector bets. For Canadian oil sands names, the concern is straightforward:
5 January 2026
····
US strikes Venezuela, captures Maduro: what it could mean for Woodside and Santos when ASX reopens

US strikes Venezuela, captures Maduro: what it could mean for Woodside and Santos when ASX reopens

SYDNEY, Jan 3, 2026, 17:26 ET U.S. President Donald Trump said the United States struck Venezuela and captured President Nicolas Maduro in an overnight operation, jolting geopolitics and putting Australia’s oil-linked shares in focus for Monday trade.  Reuters The most direct channel to the Australian market is crude prices. Woodside Energy and Santos are among the ASX’s biggest oil-and-gas producers, and their valuations tend to move with expectations for oil-linked cash flows. The timing matters because it lands on a weekend, when liquidity is thin and headlines can reset pricing before Asia opens. A big gap move in crude when
4 January 2026
······
Energy stocks jump to start 2026 as Exxon, Chevron rise; OPEC+ and Venezuela in focus

Energy stocks jump to start 2026 as Exxon, Chevron rise; OPEC+ and Venezuela in focus

NEW YORK, January 3, 2026, 13:36 ET — Market closed U.S. energy stocks kicked off 2026 with broad gains on Friday, with oilfield services and exploration-and-production names outperforming even as crude futures finished slightly lower. Oil Services ETF OIH rose 3.9% and the SPDR S&P Oil & Gas Exploration & Production ETF XOP gained 2.1%. Among large caps, Exxon Mobil ended up 1.9% at $122.65 and Chevron gained 2.3% to $155.90, while oilfield services provider SLB jumped 4.8% to $40.20. The outperformance matters now because investors began the year rotating into value-linked sectors and “real economy” beneficiaries, even as markets
3 January 2026
·····
Chevron stock (CVX) rises as OPEC+ meeting nears; filing shows $57 million Ninety One stake

Chevron stock (CVX) rises as OPEC+ meeting nears; filing shows $57 million Ninety One stake

NEW YORK, January 3, 2026, 07:58 ET Chevron shares climbed 2.3% to $155.90 on Friday, the first trading session of 2026, as energy stocks gained ahead of an OPEC+ supply meeting this weekend. Exxon Mobil rose 1.9%, BP’s U.S.-listed shares gained 3.2%, and Vanguard’s energy-sector ETF added about 2.2%. The move put focus on oil-linked stocks at the start of the year, with traders watching whether OPEC+ will keep output steady at its Sunday meeting. The eight producers — Saudi Arabia, Russia, the UAE, Kazakhstan, Kuwait, Iraq, Algeria and Oman — pump about half the world’s oil and raised output
3 January 2026
···
Exxon stock today: XOM ends higher as OPEC+ decision and LNG record sharpen the focus

Exxon stock today: XOM ends higher as OPEC+ decision and LNG record sharpen the focus

NEW YORK, January 3, 2026, 05:50 ET — Market closed. Exxon Mobil Corp (XOM) shares last closed up about 1.9% at $122.65 on Friday, after trading between $119.66 and $122.78. About 14.2 million shares changed hands. The stock heads into the weekend with oil markets focused on Sunday’s OPEC+ meeting and a fresh debate over whether global supply stays heavy in early 2026. Brent settled at $60.75 a barrel and U.S. crude ended at $57.32, Reuters reported. “Oil prices are locked in this long-term trading range,” said Phil Flynn, senior analyst at Price Futures Group. Reuters Natural gas is also
3 January 2026
·······
Energy Transfer (ET) stock today: Units slip into New Year’s market holiday as oil, gas fall

Energy Transfer (ET) stock today: Units slip into New Year’s market holiday as oil, gas fall

NEW YORK, January 1, 2026, 18:39 ET — Market closed Energy Transfer LP (NYSE: ET) units closed down 0.3% at $16.49 on Wednesday, the final trading day of 2025. The partnership traded about 13.5 million units as Wall Street headed into the New Year’s Day holiday. Yahoo Finance U.S. stock markets are closed Thursday for New Year’s Day, leaving investors with a longer gap before the next cash session. That matters for ET because sharp late-December moves in energy commodities often set the tone for midstream trading when markets reopen. New York Stock Exchange Energy Transfer moved broadly in step
2 January 2026
·····
India seeks $30 billion from Reliance, BP over KG-D6 gas output as Reliance cites $247 million claimNEW YORK, December 30, 2025, 18:13 ET

India seeks $30 billion from Reliance, BP over KG-D6 gas output as Reliance cites $247 million claimNEW YORK, December 30, 2025, 18:13 ET

India is seeking more than $30 billion in compensation from Reliance Industries and its partner BP in a long-running dispute over offshore gas production, people familiar with the matter said. Reliance said there was no $30 billion claim against it and BP. (https://www.reuters.com/business/energy/india-claims-30-billion-reliance-industries-bp-underproduction-gas-field-sources-2025-12-29/) The stakes are high for one of India’s biggest listed companies and a major foreign investor in its upstream sector. The case is also being closely watched because it tests how India enforces production-sharing contracts used to develop offshore resources. A three-member tribunal has been hearing the dispute since 2016, people familiar with the proceedings said. Final
31 December 2025
··
Chevron Corporation (CVX) News and Outlook on Dec. 25, 2025: $18–$19B 2026 Capex, Hess-Guyana Growth, LNG Expansion, and Oil-Price Headwinds

Chevron Corporation (CVX) News and Outlook on Dec. 25, 2025: $18–$19B 2026 Capex, Hess-Guyana Growth, LNG Expansion, and Oil-Price Headwinds

Dec. 25, 2025 — Chevron Corporation (NYSE: CVX) is heading into 2026 with a sharper message for markets: spend less, squeeze more cash out of its highest-margin barrels, and return more to shareholders—while integrating its newly enlarged portfolio after the Hess acquisition. Even on Christmas Day—when U.S. equity markets are closed—investors and analysts are still digesting a cluster of late-2025 developments: Chevron’s newly set 2026 capital budget, an ongoing push to reshape downstream exposure, major LNG and gas decisions from Australia to the Eastern Mediterranean, and a commodity outlook that could test Big Oil’s “discipline” narrative in the year ahead.
25 December 2025
·····
Exxon Mobil Stock (XOM) News Today: Shares Trade Near $120 as Analysts Weigh Exxon’s 2030 Plan, Buybacks, and 2026 Oil Forecasts

Exxon Mobil Stock (XOM) News Today: Shares Trade Near $120 as Analysts Weigh Exxon’s 2030 Plan, Buybacks, and 2026 Oil Forecasts

December 23, 2025 Exxon Mobil Corporation (NYSE: XOM) is back in the spotlight heading into year-end, with investors balancing two powerful forces that often pull in opposite directions: a newly raised long-term corporate plan built around higher production and shareholder returns, and a 2026 oil-market outlook that many forecasters still frame as “lower-for-longer.” In Tuesday trading (Dec. 23, 2025), Exxon shares hovered around the $120 level as the market digested the company’s updated strategy, a shifting geopolitical backdrop that briefly lifted crude prices, and a steady stream of Wall Street forecast updates. Reuters+1 XOM stock price today: what investors are
23 December 2025
·····
1 2 3 4 5

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:31 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
Go toTop