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Oil Industry 7 February 2026 - 2 March 2026

Exxon Mobil stock price: Friday rally sets up Monday test after Iran strikes, OPEC+ meeting

Exxon Mobil stock price: Friday rally sets up Monday test after Iran strikes, OPEC+ meeting

Energy markets braced for a choppy start after strikes by the U.S. and Israel on Iran rattled nerves over potential Middle East supply shocks. Exxon Mobil finished Friday’s session at $152.50, up $3.96, or 2.7%. “The strike raises geopolitical risk premia as markets head into Monday’s open,” said OCBC strategist Christopher Wong in Singapore.
Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell stock watch: Oil drops 1% and buyback scrutiny builds before the bell

Shell’s U.S. shares wrapped up Friday at $75.29, gaining 63 cents, or roughly 0.8%. Come Monday, the stock faces pressure as crude slides—Brent lost 1% early, touching $67.38 a barrel after the U.S. and Iran agreed to extend nuclear talks. “With more talks on the horizon the immediate fear of supply disruptions in the Middle East has eased quite a bit,” said IG market analyst Tony Sycamore.
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