Today: 11 June 2026
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Oil Industry 8 April 2026 - 10 June 2026

Exxon Mobil Stock Slipped Friday. Why XOM’s Next Move May Come From Oil, Not Earnings

Exxon Mobil Stock Slipped Friday. Why XOM’s Next Move May Come From Oil, Not Earnings

Exxon Mobil shares rose 3.2% for the week to $149.92, outperforming the S&P 500’s 2.64% drop, as investors weigh low global oil inventories and potential price spikes—with senior VP Neil Chapman warning Brent could hit $150-160 if supplies tighten further—against signs of demand destruction and upcoming inflation data that could sway Fed policy.
6 June 2026
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Patterson-UTI Shares Up as Oil Slips

Patterson-UTI Shares Up as Oil Slips

Patterson-UTI Energy shares jumped 3.1% to $12.39, outpacing oil peers and the broader market, as the company forecast rising rig counts, higher dayrates, and $220 million in Q2 adjusted EBITDA, despite falling crude prices and a historic low in drilled-but-uncompleted shale wells, signaling strong demand for drilling activity.
4 June 2026
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Hot PPI Shock Hits Wall Street As Oil Inventory Test Looms

Hot PPI Shock Hits Wall Street As Oil Inventory Test Looms

U.S. producer prices rose 1.4% in April, the largest monthly gain since March 2022, with the Producer Price Index up 6.0% year-over-year, the Bureau of Labor Statistics said Wednesday. Energy prices surged 7.8%, gasoline 15.6%. S&P 500 futures turned negative after the data. The American Petroleum Institute reported U.S. crude inventories fell by 2.2 million barrels last week.
13 May 2026
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Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

Gas Prices Hit $4.30: Why America’s Oil Boom Isn’t Saving Drivers

U.S. gasoline prices hit $4.30 a gallon Thursday, the highest since 2022, as the Iran war and refinery issues drove up crude costs. Brent crude briefly topped $126 a barrel before settling at $121.90. U.S. crude output reached a record 13.6 million barrels per day last year, but high exports and falling inventories tightened supplies. Michigan saw prices jump to $4.58 amid regional refinery problems.
30 April 2026
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Transocean Stock Back In Play As Equinox Rig Returns And $1.6 Billion Backlog Push Builds

Transocean Stock Back In Play As Equinox Rig Returns And $1.6 Billion Backlog Push Builds

Transocean’s Equinox rig resumed work for Beach Energy in Australia’s Otway Basin, with Phase 2 operations at Thylacine West underway. Transocean reported about $1.6 billion in new contract backlog since April, including deals in Brazil, Norway, and the Eastern Mediterranean. Beach said Otway Basin production fell 9% last quarter. Transocean shares traded at $6.52, little changed ahead of first-quarter results due May 4.
28 April 2026
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Best Energy Stocks to Buy Today: 5 Oil Stocks in Focus as Brent Tops $110

Best Energy Stocks to Buy Today: 5 Oil Stocks in Focus as Brent Tops $110

Brent crude climbed nearly 3% to over $110 a barrel as U.S.-Iran talks stalled, disrupting flows through the Strait of Hormuz. Exxon Mobil, Chevron, and ConocoPhillips led U.S. energy stocks as investors tracked the impact of higher oil prices, which are now 54% above pre-war levels. U.S. stock-index futures fell early Tuesday. ConocoPhillips will report earnings April 30; Exxon follows May 1.
28 April 2026
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Best Stocks To Buy Today: 7 Names Wall Street Is Testing As Oil Shock Hits The AI Rally

Best Stocks To Buy Today: 7 Names Wall Street Is Testing As Oil Shock Hits The AI Rally

Dow, S&P 500, and Nasdaq 100 futures fell early Tuesday as the U.S.-Iran standoff kept oil prices high. Nvidia hit a record Monday, rising 4%, while investors awaited earnings from Microsoft, Alphabet, Amazon, and Meta, who are projected to spend $600 billion on AI this year. General Motors reported a 22% jump in Q1 core profit and raised its 2026 outlook. Hilton increased its full-year room revenue and earnings forecasts.
28 April 2026
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Occidental Petroleum Stock Slides With Oil as Wolfe Research Lifts OXY Target and Hollub Exit Talk Builds

Occidental Petroleum Stock Slides With Oil as Wolfe Research Lifts OXY Target and Hollub Exit Talk Builds

Occidental Petroleum shares were set to drop 7.8% in premarket trading Wednesday after oil prices fell on a U.S.-Iran ceasefire. Wolfe Research raised its price target on the stock to $70, but most analysts remain cautious. CEO Vicki Hollub is expected to retire later this year, with COO Rob Jackson seen as her likely successor. Oxy reports first-quarter results May 5.
8 April 2026
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Stock Market Today

  • Soybean Prices Rise Amid Anticipation for WASDE Report and Weather Impact
    June 11, 2026, 4:58 AM EDT. Soybeans posted gains of 8 to 11 cents across most contracts on Wednesday, with the national average cash bean price rising 12 cents to $10.70 3/4. Soymeal and soy oil futures also experienced notable increases. Heavy precipitation is expected in key Midwestern states, potentially affecting crop conditions. Traders are awaiting Thursday's World Agricultural Supply and Demand Estimates (WASDE) report, forecasting steady carryout levels for old and new crop soybeans. July and August 2026 soybean futures rose over 10 cents, reflecting market optimism ahead of the report. The weather outlook and WASDE figures remain critical factors driving market activity in soybean trading.

Latest articles

Oracle Stock Moves Higher as AI Backlog Draws Focus

Oracle shares fall after data center spending outlook hits, even as cloud backlog hits new high

11 June 2026
Oracle shares plunged 8.9% in after-hours trading as investors balked at the company’s plan to raise about $40 billion in debt and equity to fund a massive AI data center buildout, despite record revenue and a $638 billion backlog; free cash flow was negative $23.7 billion in fiscal 2026 as capital spending soared, intensifying concerns over whether AI demand will translate into durable profit.
Nvidia Gets AI Approval From Apple But Shares Stay Flat

Nvidia’s $91 Billion Slide Leaves AI Stocks Facing Pressure

11 June 2026
Nvidia plunged 3.73% to $200.42 as investors questioned whether its $91 billion quarterly revenue outlook can withstand rising rates, inflation, and China export restrictions; the selloff hit AI and semiconductor stocks broadly, despite Nvidia’s record sales, making its next quarter’s results a critical test for sustaining its high valuation.
MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

MoneySimpler Moves Into AI Crypto Trading Bots As Market Fills Up

11 June 2026
MoneySimpler launches an AI-powered trading automation platform integrating crypto, forex, and equities for retail users without coding skills, as competition intensifies over dashboard features and AI capabilities; no audited returns or user data disclosed, leaving adoption and real-world performance uncertain.
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