Today: 22 May 2026
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Oil Industry 15 January 2026 - 24 January 2026

Chevron stock price: Venezuela repair plan and Tengiz shutdown put CVX in the spotlight

Chevron stock price: Venezuela repair plan and Tengiz shutdown put CVX in the spotlight

Chevron shares closed up 0.04% at $166.72 after reports said Washington is negotiating with Chevron and oilfield service firms to speed repairs and raise Venezuela’s crude output. Production at Chevron’s Tengiz and Korolev fields in Kazakhstan remains halted after a fire, with repairs expected to finish by January 26. Brent crude rose 2.8% to $65.88 a barrel. Morgan Stanley cut its Chevron price target to $174.
SLB stock price swings after earnings beat, dividend hike and Venezuela signals

SLB stock price swings after earnings beat, dividend hike and Venezuela signals

SLB reported Q4 adjusted earnings of 78 cents per share, beating forecasts, and raised its dividend by 3.5% to $0.295. Shares rose 0.3% to $49.47 after early gains faded. The company set 2026 revenue guidance up to $37.7 billion and plans to return over $4 billion to shareholders. CEO Olivier Le Peuch cited rising customer interest in Venezuela but said expansion depends on licenses and payment terms.
SLB stock price swings after earnings beat as $4 billion return plan meets Venezuela questions

SLB stock price swings after earnings beat as $4 billion return plan meets Venezuela questions

SLB shares closed nearly unchanged at $49.33 Friday after beating quarterly profit forecasts and raising its dividend, but warned of weaker first-quarter results. North America revenue jumped 26%. Executives said SLB is ready to expand in Venezuela if U.S. licensing and payment terms are resolved. Trading volume was high as investors weighed the earnings beat against a cautious outlook.
Exxon Mobil stock price flat after hours as Tengiz fire probe and oil slide keep traders cautious

Exxon Mobil stock price flat after hours as Tengiz fire probe and oil slide keep traders cautious

Exxon Mobil shares rose 5 cents to $133.64 in after-hours trading Thursday. Kazakhstan’s energy ministry is investigating a fire that shut the Tengiz oil field, where Exxon holds a 25% stake. Tengizchevroil declared force majeure on CPC Blend shipments after the incident. Oil prices fell sharply, with Brent settling at $64.06 a barrel.
BP buyback update nudges shares higher as oil slips and tariff talk shadows the sector

BP buyback update nudges shares higher as oil slips and tariff talk shadows the sector

BP bought over 3 million shares Wednesday under its buyback programme, raising treasury stock to nearly 752 million shares. Shares rose about 0.5% in early London trading. Oil prices slipped Thursday, with Brent at $64.96 a barrel and U.S. crude at $60.43. Earlier this month, BP moved 145 million treasury shares into employee schemes, adjusting total voting rights to 15.76 billion.
22 January 2026
Shell share price today: Shell stock nudges up in London as buybacks roll on, oil slips

Shell share price today: Shell stock nudges up in London as buybacks roll on, oil slips

Shell shares rose 0.2% to 2,740 pence in early London trading Thursday after announcing the repurchase of 1.32 million shares for cancellation. The company confirmed Projects and Technology President Robin Mooldijk will depart Feb. 28 as Shell integrates technical functions into business units. Brent crude slipped 0.43% to $64.96 a barrel. Shell’s next earnings are due Feb. 5.
Shell share price ticks up in London after exec change, but oil slide keeps traders cautious

Shell share price ticks up in London after exec change, but oil slide keeps traders cautious

Shell shares rose 0.3% to 2,729 pence in early London trading after announcing executive committee changes, with senior director Robin Mooldijk set to step down Feb. 28. Oil prices fell about 1.5%, pressuring energy stocks. Shell also repurchased over 1.3 million shares across London and Amsterdam for cancellation under its buyback program. BP shares gained 0.6%.
BP share price slips today: buyback update, oil wobble and Feb 10 results in focus

BP share price slips today: buyback update, oil wobble and Feb 10 results in focus

BP shares fell 1.0% to 433.22 pence by 0907 GMT after a 0.6% drop Monday, as oil prices held steady and the FTSE 100 slipped amid U.S.-UK tariff tensions. BP continued its buyback program, purchasing over 3 million shares Monday. The company flagged $4–5 billion in Q4 impairments ahead of its Feb. 10 earnings. Investors await updates on buybacks, debt, and trading results.
Petrobras stock (PBR) slips as oil falls; Tupi hits 1 million bpd, fertilizer restart in focus

Petrobras stock (PBR) slips as oil falls; Tupi hits 1 million bpd, fertilizer restart in focus

Petrobras’ U.S.-listed shares fell 1.1% to $12.52 Thursday as energy stocks slipped with Brent crude down 3.3%. CEO Magda Chambriard said Petrobras hit 1 million bpd at the Tupi field and resumed ammonia and urea output at its Sergipe plant, with Bahia’s plant to follow by month’s end. The company’s 2026 annual meeting is set for April 16. Investors await 2025 results on March 5.
15 January 2026
Gasoline prices wobble: UGA gasoline ETF dips after EIA flags big U.S. inventory build

Gasoline prices wobble: UGA gasoline ETF dips after EIA flags big U.S. inventory build

U.S. gasoline inventories rose by 9 million barrels last week, pushing wholesale gasoline futures down 2.6% early Thursday to $1.7838 a gallon. The United States Gasoline Fund (UGA) closed Wednesday at $64.63, down 1.7%. Retail gasoline averaged $2.91 a gallon on Jan. 12, slightly lower than the previous week. Traders await the next EIA inventory report on Jan. 22.
SLB stock closes at fresh 52-week high as Venezuela oil push keeps traders circling

SLB stock closes at fresh 52-week high as Venezuela oil push keeps traders circling

SLB shares rose 2.3% to $46.97, hitting a 52-week high on heavy volume as oilfield-services stocks outperformed a weaker S&P 500. Investors tracked U.S. policy moves on Venezuela, with Chevron expected to receive an expanded license for Venezuelan oil. SLB’s earnings report is set for January 23. Physical prices for Venezuelan crude narrowed against Brent, signaling changing market flows.
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Stock Market Today

  • Guzman y Gomez Exits US Market, Shares Jump Amid US Business Losses
    May 21, 2026, 9:50 PM EDT. Australian burrito chain Guzman y Gomez Ltd. announced it is closing its Chicago outlets and exiting the US market due to insufficient sales, triggering a share price surge of up to 21% in Sydney trading. Founder and Co-CEO Steven Marks cited the US business's inability to justify further shareholder investment. Analysts from RBC Capital Markets and Citi praised the decision as it removes ongoing losses that weighed down earnings. The company will take a one-time charge between $30 million and $40 million but expects its Australian operations to deliver underlying earnings of approximately A$85 million ($61 million), a 29% year-on-year increase. Morgan Stanley analysts expect a 10% improvement in earnings guidance next year following the US exit, refocusing Guzman y Gomez's growth strategy on its domestic market.

Latest articles

OpenAI Shares Hype Returns, Still No Ticker in Sight

OpenAI Shares Hype Returns, Still No Ticker in Sight

22 May 2026
OpenAI is preparing to confidentially file for a U.S. IPO, aiming to go public as early as September, sources told Reuters. The move follows a court win against Elon Musk, removing a key legal obstacle. Private-market share prices for OpenAI ranged from $658.94 to $732.38 this month, but no official public price exists. Ordinary investors still cannot buy OpenAI stock on public exchanges.
Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

Estée Lauder Shares Gain as Rumored Deal Fails to Materialize

22 May 2026
Estée Lauder and Spain’s Puig ended merger talks that would have created a $40 billion beauty group. Estée Lauder shares rose about 10% in after-hours trading, closing the regular session at $78.91. The company said it will focus on its turnaround plan and continue reviewing possible acquisitions or divestitures.
WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

WhiteFiber Stock Rips 22% on $160 Million AI Deal. The Test Comes in July

22 May 2026
WhiteFiber shares jumped 22.2% to $29.55 after announcing a five-year AI compute contract worth over $160 million for a Paris-region deployment using NVIDIA GPU systems. Google Finance showed the stock rising further after hours. The project is backed by planned financing and 12 months of customer prepayments, but funding and execution remain pending. Service is expected to start in July, subject to equipment delivery and acceptance.
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