Oil Industry 8 June 2026

Exxon, Chevron set for $26B quarter; refiners hold up in Iran war trade

Marathon Petroleum and Valero Energy jumped about 3.8% each in late-morning trading on Monday. Exxon Mobil added 3.4%. Chevron was up 2.2%. Brent crude was up more than 4%, above $79 a barrel, after President Donald Trump said the U.S. is bringing back its naval blockade of Iran. The split in refiners and oil majors points to stronger fuel margins, not just the crude rally, as the key driver for earnings.

13 July 2026

Energy Markets·NYSE:CVX·NYSE:MPC·NYSE:VLO·NYSE:XOM·Oil Industry

Why Shell Plc (LON:SHEL) Gave Back Half Its Oil-Shock Jump With Its $3 Billion Buyback Sidelined

Shell rose 0.96% to 3,067.71 pence by 10:54 BST on Monday, but the move had already lost force. The stock opened at 3,099 pence, nearly 2% above Friday’s close, then surrendered 52% of that opening gain even as Brent crude, the global oil benchmark, climbed 3.8% to $78.86 a barrel after renewed U.S.-Iran strikes.

13 July 2026

Energy·LON:SHEL·Oil Industry·Stock Market

BP Stock Jumps 2% Before Q2 Update — The Cash Test Behind Its Shell Catch-Up

BP PLC rose 2.1% to 492.85 pence by 0948 BST on Monday, beating a 0.9% rise in Shell PLC to 3,066.5 pence as fresh U.S.-Iran attacks lifted crude. Brent had topped $79.70 before easing to $78.75. “Hormuz is the market’s pressure point,” Tickmill analyst Patrick Munnelly said.

13 July 2026

LSE:BP.·LSE:SHEL·Oil Industry·Stock Market

Aramco Comes Back to the Philippines; Per-Outlet Cash Gap Now Seven Times Wide

Saudi Aramco is set to open its first branded service station in the Philippines on July 16, taking over a current Unioil site on Sucat Road in Parañaque. The launch is a modest step, but it raises a bigger question about investment: Aramco spent at least 6.9 times more per outlet here than it did for each listed retail station in its Pakistan fuel deal.

12 July 2026

Energy Markets·Oil Industry·TADAWUL:2222

ExxonMobil posts $5B profit gain, shares slide $12B in value

ExxonMobil Holdings Corporation closed Friday at $138.88, down 2.0% from Tuesday’s close. This came even after the company indicated about $5 billion in second-quarter earnings growth from Q1. U.S. markets were closed for the weekend. The parent company switched to the ExxonMobil Holdings name on July 2, replacing Exxon Mobil Corporation as the NYSE-listed entity, but kept the XOM ticker.

11 July 2026

Energy·NYSE:CVX·NYSE:OXY·NYSE:XOM·Oil Industry·Stock Market

Transocean Stock Jumps 4% as Oil Shock, Insider Buy and $1 Billion Backlog Put RIG in Focus

Transocean Ltd. shares climbed more than 4% on Wednesday, outpacing a weaker broader market as oil-service stocks drew buyers after crude prices jumped and investors picked through fresh company filings. The stock closed at $5.23, up 4.18%, at 4 p.m. ET, according to the company’s quote page.

9 July 2026

Energy·NYSE:RIG·Oil Industry

Occidental Petroleum shares move as Evercore upgrade meets oil rally risk

Occidental Petroleum is getting snapped up as traders chase oil upside, but the move is less messy than the last few squeezes. The shares jumped 3.6% to $53.54 in afternoon action and hit a high at $54.88. Volume cleared 14 million. The Energy Select Sector SPDR Fund gained 1.1%, trading at $55.25.

8 July 2026

Energy Sector·NYSE:OXY·Oil Industry·Stock Market

Gasoline crunch brings big gas stations, fuel margins into investor view

Investors tracking crude could miss what’s happening in fuels. Gasoline supply, retail margin, and store visits matter too. Russia is rationing after its refineries were hit. U.S. travel centers want people to use the pump as a way into buying food, coffee and other high-margin items. AAA reported regular gas at $3.81 a gallon Saturday. That’s down from $4.24 last month, but more than the $3.15 seen a year ago. Diesel at $4.80.

4 July 2026

Energy Markets·NASDAQ:CASY·NYSE:MPC·NYSE:MUSA·NYSE:PSX·NYSE:VLO·Oil Industry

Transocean (NYSE:RIG) dips as debt costs cloud backlog

Transocean Ltd. fell Tuesday as most oil-service stocks stayed up. The offshore driller has a big backlog, but the shares keep acting like a leveraged play on daily rig rates and crude volatility.

30 June 2026

NYSE:RIG·Oil Industry

Chevron (NYSE:CVX) Shares Move as Oil Drops and AI Power Pact Lands Before Holiday Week

Chevron shares are on the defensive as the holiday-shortened week starts, weighed by falling crude prices and a fresh AI data center initiative that sent investors back to their models. Chevron finished Friday at $171.06, down $1.18, or 0.69%, with about 13.1 million shares changing hands.

27 June 2026

Artificial Intelligence·NYSE:CVX·Oil Industry·Stock Market

Transocean falls as oil drop puts offshore drillers under pressure

Transocean Ltd. shares dropped on Wednesday after oil prices tumbled, sending offshore drilling stocks lower. The slide took out demand for some energy service names, pressuring the sector.

24 June 2026

Energy Sector·NYSE:RIG·Oil Industry

Transocean slides by week’s end with oil risks hanging over Valaris tie-up

Transocean Ltd. starts the week facing pressure after NYSE shares dropped to $5.31 in the last session. That puts the offshore driller down around 12% since the June 12 close ahead of the Juneteenth holiday. The Thursday low of $5.14 is the level traders are watching for RIG when markets open on Monday.

21 June 2026

Energy Sector·NYSE:RIG·NYSE:VAL·Oil Industry·Stock Market

Exxon Mobil Shares Slide With Oil, XOM Off 6% for Holiday Week

Exxon Mobil Corp. goes into Monday’s open on the defensive. Shares dropped over the holiday week, with investors cutting the stock as oil’s war premium eased and more crude flowed through the Strait of Hormuz.

19 June 2026

NYSE:XOM·Oil Industry·Stock Market

Transocean slips ahead of Juneteenth holiday; contract wins don’t lift RIG

Transocean Ltd. heads into the long U.S. holiday weekend under pressure, with shares sagging after Thursday’s drop wiped out gains from new contract awards. RIG ended Thursday off 4.8% at $5.31. U.S. equity markets are shut Friday for Juneteenth National Independence Day.

19 June 2026

NYSE:RIG·Oil Industry

Aramco looks at oil storage abroad as Strait of Hormuz jolts market

Saudi Aramco is looking at growing its oil-storage network worldwide after supplies were hit in the Strait of Hormuz, where the Iran war interrupted a key transit route for Gulf oil to global buyers.

19 June 2026

Energy·Oil Industry·TADAWUL:2222.SR

Transocean drops after shares get hit by oil move, $185 million in new contracts fails to stem fall

Transocean Ltd shares dropped in late trading in New York on Thursday. Oil prices tumbled, and that hit the stock more than news of $185 million in new contracts for the offshore driller.

18 June 2026

ASX:STO·Energy Sector·LSE:HBR·NYSE:NE·NYSE:RIG·NYSE:SDRL·NYSE:VAL·Oil Industry·Stock Market

Exxon Mobil Drops With Oil After U.S.-Iran Deal

Exxon Mobil shares slid Monday as oil prices sold off after the U.S. and Iran said they would end their war and reopen the Strait of Hormuz. Exxon last traded at $141.10, down about 4%. Shares hit a session low of $137.78. Brent crude dropped 5.02% to $82.95, while WTI lost 5.42% to $80.28 as of 10:54 a.m. EDT, according to Reuters.

15 June 2026

NYSE:CVX·NYSE:MPC·NYSE:PSX·NYSE:VLO·NYSE:XOM·Oil Industry·Stock Market

US and Iran Peace Deal Signing in Focus as June 19 Nears

Pakistan said the US and Iran have agreed to end their war, with a formal signing set for Friday, June 19, in Switzerland. The announcement points to a diplomatic deal meant to reopen the Strait of Hormuz and bring some stability to energy markets. Prime Minister Shehbaz Sharif said the agreement would mean “the immediate and permanent termination of military operations on all fronts, including in Lebanon.” Reuters reported the exact terms were not clear.

15 June 2026

Energy Markets·Oil Industry

Battalion Oil Shares Surge 50% on Heavy BATL Trading Ahead of Annual Meeting

Battalion Oil Corporation was one of Wednesday’s bigger movers in micro-cap energy, with shares surging as much as 51%. The stock last changed hands near $1.98, rising from Tuesday’s $1.31 close, after a volatile session that saw it dip to $1.29 and spike up to $2.92. Traders bought into the small oil producer on heavy volume tied to upcoming company milestones.

10 June 2026

NASDAQ:BATL·Oil Industry·Stock Market

Battalion Oil Stock Rips Premarket as Oil Shock Puts BATL Back on Traders’ Screens

Battalion Oil Corp shares were indicated sharply higher in premarket trading on Monday, putting the tiny Delaware Basin oil producer back on trader screens as crude prices jumped on a fresh Middle East supply scare.

8 June 2026

Energy Sector·NYSE:BATL·Oil Industry·Stock Market

Oil Industry 8 June 2026 - 13 July 2026