Oil Industry News 5 January 2026

Phillips 66 buys UK Lindsey oil refinery assets — but says it won’t reopen the plant

London, Jan 7, 2026, 08:31 (GMT) Phillips 66 Limited said it had agreed to acquire assets and associated infrastructure from Britain’s Lindsey Oil Refinery and integrate key facilities into its Humber Refinery in North Lincolnshire. The company said it will

7 January 2026

Business·Energy·Oil Industry·UK News

BP stock slides nearly 5% after Evercore downgrade; oil slump raises buyback questions

New York, Jan 7, 2026, 03:03 EST — Market closed BP’s U.S.-listed shares fell 4.9% on Tuesday, ending at $34.36 after trading between $34.34 and $36.12. The drop matters now because BP is heading into quarterly results and a leadership

7 January 2026

Company Analysis·Financial Updates·Investment News·Oil Industry·Stock Market

Chevron stock falls after Venezuela oil loading stalls, erasing CVX rally

New York, Jan 6, 2026, 17:08 EST — After-hours Chevron Corp shares were down 4.4% at $156.54 in after-hours trading on Tuesday, after touching $165.94 earlier in the session and sliding to a low of $156.12. Chevron has become a

6 January 2026

Energy·Financial News·Oil Industry·Stock Market

ConocoPhillips stock dips below $100 as oil slides on Venezuela supply talk

New York, Jan 6, 2026, 15:17 EST — Regular session ConocoPhillips shares (COP.N) fell 1.8% to $97.39 by 3:02 p.m. EST, retreating with other U.S. oil majors after a sharp move a day earlier. Exxon Mobil (XOM.N) was down 2.9%

6 January 2026

Investment Trends·Market News·Oil Industry·Stock Market

Exxon Mobil (XOM) stock slips after Venezuela-fueled rally as investors weigh oil supply risks

New York, January 6, 2026, 11:10 ET — Regular session Exxon Mobil Corp shares were down 1.4% at $123.63 on Tuesday, retreating from a surge a day earlier as traders reassessed what Washington’s Venezuela push could mean for oil supply

6 January 2026

Energy Sector·Investment News·Market Analysis·Oil Industry·Stock Market

Chevron stock drops as Venezuela oil turmoil collides with earnings countdown

New York, January 6, 2026, 10:41 AM EST — Regular session Chevron shares fell nearly 2% on Tuesday, pulling back after a sharp Venezuela-driven rally to start the year. The stock was down $3.27 at $160.58 in morning trading, while

6 January 2026

Energy Sector·Oil Industry·Stock Market

Brazil stock market today: Oil shock, Ibovespa reshuffle and a CEO switch to watch before the B3 bell

Sao Paulo, Jan 6, 2026, 06:55 BRT — Premarket Brazil’s benchmark Ibovespa heads into Tuesday’s open near recent highs after closing up 0.83% at 161,869.76 points, as investors weighed Venezuela-related geopolitical risk against firmer commodities. Bora Investir Why it matters

6 January 2026

Corporate News·Investment Analysis·Oil Industry·Stock Market

BP stock watch: Tiber contract, buyback and oil slide put BP PLC shares in focus

London, Jan 6, 2026, 07:53 GMT — Premarket BP shares (BP.L) will be in focus at the London open on Tuesday after TechnipFMC said it won a $600 million-$800 million iEPCI contract — a bundled design-to-install offshore package — from

6 January 2026

Company News·Financial Analysis·Investment·Oil Industry·Stock Market

ConocoPhillips stock climbs on Venezuela oil shake-up; $10 billion claims back in focus

New York, Jan 5, 2026, 20:48 EST — Market closed ConocoPhillips (COP) shares closed up about 2.6% on Monday at $99.20. Energy stocks rallied after President Donald Trump said Washington would keep an embargo on Venezuelan oil exports in place

6 January 2026

Energy·Market News·Oil Industry·Stocks

Halliburton stock jumps nearly 8% on Venezuela jolt as oil-services rally takes hold

New York, Jan 5, 2026, 20:46 EST — Market closed Halliburton Co (HAL.N) shares jumped 7.9% on Monday to $31.92, after touching a session high of $33.33. SLB (SLB.N) added 9.0% and Baker Hughes (BKR.O) rose 4.1%, while the VanEck

6 January 2026

Company Earnings·Energy Sector·Investment News·Oil Industry·Stock Market

Chevron stock jumps on Trump Venezuela oil move; traders eye sanctions and Jan. 30 earnings

New York, Jan 5, 2026, 13:39 EST — Regular session Chevron (CVX) shares rose 5.7% to $164.78 in early afternoon trading on Monday, after swinging between $159.33 and $171.50. ConocoPhillips (COP) gained 3.3% and Exxon Mobil (XOM) added 2.4% as

5 January 2026

Earnings Reports·Energy Sector·Oil Industry·Stock Market

Chevron stock jumps nearly 6% as Venezuela shock lifts oil; Dow component sets Jan. 30 earnings call

New York, Jan 5, 2026, 13:27 EST — Regular session Chevron (CVX) shares climbed 5.8% to $164.92 in early afternoon trading, after touching an intraday high of $171.50. The Dow Jones Industrial Average component was among the session’s biggest gainers

5 January 2026

Earnings Reports·Oil Industry·Stock Market

Oil Industry News 5 January 2026 - 7 January 2026