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Oil Industry News 10 January 2026 - 13 January 2026

Shell stock climbs as buyback rolls on and oil hits near two‑month high — what to watch next

Shell stock climbs as buyback rolls on and oil hits near two‑month high — what to watch next

London, Jan 13, 2026, 08:52 GMT — Regular session Shell Plc shares climbed 0.6% in early London trading Tuesday, hitting 2,678.6 pence by 0846 GMT, near the session peak. The rise came as oil prices edged up and the company kept up its steady pace of share buybacks. On Monday, the stock closed at 2,661.5 pence. (google.com) This shift is crucial since Shell’s immediate outlook still hinges on three factors: crude prices, cash returns, and the company’s guidance for the upcoming quarter. Minor fluctuations in oil tend to overshadow the more muted buyback news. Oil prices climbed further on fears
Exxon stock slips after Trump hints at Venezuela block — what to watch before Tuesday

Exxon stock slips after Trump hints at Venezuela block — what to watch before Tuesday

New York, Jan 12, 2026, 18:53 EST — After-hours Exxon Mobil shares slipped in after-hours trading Monday following President Donald Trump’s comment that he might block the oil giant from Venezuela’s reopening—a rare public rebuke aimed at the company’s CEO. This episode is crucial as Washington moves fast to redirect Venezuela’s oil shipments following last week’s power shift in Caracas. Investors are scrambling to figure out which producers could tap into those barrels—and on what terms. Exxon investors now face an extra political risk on top of an already volatile oil market. Moves benefiting Venezuela’s competitors might not shift the
Chevron stock edges up as U.S. flags Venezuela sanctions move; oil prices keep investors cautious

Chevron stock edges up as U.S. flags Venezuela sanctions move; oil prices keep investors cautious

New York, Jan 12, 2026, 12:04 (EST) — Regular session underway. Chevron (CVX.N) shares ticked up 0.4% to $162.69 in midday trading Monday, following comments from U.S. Treasury Secretary Scott Bessent that additional sanctions on Venezuela could be eased “as soon as next week” to boost oil exports. “We’re de-sanctioning the oil that’s going to be sold,” Bessent said. (Reuters) The timing is crucial. Washington’s effort to restart Venezuelan oil flows hits as traders and refiners scramble to find supply matching their plants. Policymakers are also trying to direct the money trail. For Chevron, this isn’t a footnote—its Venezuela ties
BP PLC stock nudges up as Iran unrest props oil, but Goldman flags a 2026 glut

BP PLC stock nudges up as Iran unrest props oil, but Goldman flags a 2026 glut

London, Jan 12, 2026, 08:25 GMT — Regular session. BP shares edged up 0.35% to 427.1 pence early Monday in London, following a Friday close at 425.6 pence. The stock fluctuated between 425.4 and 428.7 pence during the session. (Investing.com) Oil gave the sector a modest boost. Brent crude futures ticked up 5 cents to $63.39 a barrel by 0433 GMT, while U.S. West Texas Intermediate rose 4 cents to $59.16. Unrest in Iran sparked renewed concerns over supply, even as traders considered how quickly Venezuelan exports might resume. “The market is saying show me the disruption to supply before
Shell stock today: SHEL.L ticks up as oil headlines clash with buyback doubts

Shell stock today: SHEL.L ticks up as oil headlines clash with buyback doubts

London, Jan 12, 2026, 08:09 GMT — Regular session Shell shares edged up in early London trade Monday, climbing roughly 0.3% to 2,647.5 pence. The oil giant returned to focus amid shifting crude supply concerns and a weaker price forecast for next year. (google.com) That’s crucial today since Shell’s cash flow still hinges on barrels and margins, not catchy slogans. When oil prices shift, investors rapidly recalculate dividends, buybacks, and just how much slack the company has to weather a down quarter. Shell last week signaled its Chemicals and Products division will post a loss in Q4, hit by “significantly
CVR Energy stock in focus: oil risk, refiner peers and the data that could move CVI this week

CVR Energy stock in focus: oil risk, refiner peers and the data that could move CVI this week

New York, January 11, 2026, 21:42 (EST) — Market closed CVR Energy shares dropped 2.8% to close at $22.97 on Friday. Valero slid 3.2%, Marathon Petroleum edged down 0.5%, and PBF Energy bucked the trend with a 1.9% rise. Heading into Monday, CVI is left juggling the familiar two factors for refiners: crude prices and the “crack spread,” which measures the difference between wholesale fuel prices and crude, serving as a quick proxy for margins. Timing is crucial as refiners react headline by headline to supply updates. U.S. inventory reports can jolt gasoline and diesel prices, even if crude remains
PetroChina A shares in focus after Bernstein upgrade as oil jolts on Iran, Venezuela risks

PetroChina A shares in focus after Bernstein upgrade as oil jolts on Iran, Venezuela risks

Shanghai, Jan 12, 2026, 03:37 CST — Premarket PetroChina Co., Ltd. Class A shares are in focus ahead of Monday’s open after Bernstein upgraded the stock, even as crude prices swing on fast-moving supply headlines. (Investing.com) The stock last ended at 9.87 yuan on Friday, up 0.71%, after a choppy first week of January that took it from above 10 yuan to below it. (StockAnalysis) The call matters now because PetroChina’s earnings and cash returns tend to track the oil tape, and investors are starting the week with geopolitics and 2026 pricing forecasts colliding. Bernstein said it sees Brent averaging
Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

New York, January 11, 2026, 11:37 EST — Market closed Chevron (CVX) shares rose 1.8% on Friday, closing at $162.11, as investors digested the company’s assertion that it can quickly boost production in Venezuela. At a White House meeting, Vice Chairman Mark Nelson pointed to Chevron’s century-long presence in Venezuela and its unique position as the only U.S. oil major still active there. He claimed Chevron could immediately double crude “liftings” — the volumes loaded for sale — from its joint ventures with PDVSA, the Venezuelan state oil firm. Nelson added, “We are also able to increase our production within
Saudi Aramco stock jumps 2.4% on Tadawul as oil firms — what to watch next

Saudi Aramco stock jumps 2.4% on Tadawul as oil firms — what to watch next

Riyadh, January 11, 2026, 18:02 AST — The market has closed. Saudi Arabian Oil Co. (2222) closed Sunday 2.4% higher at 24.22 riyals, moving within a range of 23.70 to 24.22 during the session, according to exchange figures. The day’s turnover hit roughly 162.8 million riyals. https://www.argaam.com/en/tadawul/tasi/saudi-aramco This matters because Aramco is the heaviest constituent in the Saudi market and acts as the closest proxy for crude prices that local investors can trade. When Aramco shifts, the index tends to move with it. The timing is tricky: oil is attempting to find footing after a volatile start to the year,
BP stock jumps on oil surge and buyback update — what to watch next

BP stock jumps on oil surge and buyback update — what to watch next

London, Jan 11, 2026, 08:17 GMT — The market has closed. BP shares closed Friday 2.39% higher, at 425.6 pence. (MarketScreener) This matters now as oil majors trade almost like a stand-in for the latest news out of the Middle East and Washington. For BP, even a few dollars’ change in crude prices can shift investor chatter around cash returns. Timing is another key factor. January tends to be quiet, yet it often sets the tone for buybacks, dividend expectations, and whether strength upstream can outweigh the noise from refining and marketing. Oil prices climbed Friday as traders grappled with
Shell stock: 3% Friday jump puts buybacks and oil shocks back in play

Shell stock: 3% Friday jump puts buybacks and oil shocks back in play

LONDON, January 11, 2026, 08:02 GMT — Market closed Shell Plc shares (SHEL.L) closed Friday up 3.0%, finishing at 2,640 pence after moving between 2,589.5 and 2,659.0 pence during the session. Immediate support is near 2,554 pence, matching Thursday’s low. The stock’s 52-week range stretches from 2,269.9 to 2,937.5 pence. (Investing.com) As London remains closed for the weekend, any near-term movement in Shell shares will probably hinge on crude prices rather than corporate news. Energy stocks have been highly responsive to changes in supply risk, often overshadowing regular trading updates. This is significant because Shell is heavily focused on capital
Shell stock in focus for Monday as Venezuela sanctions could ease “next week” and buybacks roll on

Shell stock in focus for Monday as Venezuela sanctions could ease “next week” and buybacks roll on

London, Jan 10, 2026, 21:54 GMT — The market has closed. Shell Plc shares are moving into Monday’s trade with renewed focus on oil geopolitics after U.S. Treasury Secretary Scott Bessent told Reuters that more Venezuela sanctions might be eased “as soon as next week” to help boost oil exports. “We’re de-sanctioning the oil that’s going to be sold,” Bessent said. (Reuters) Shell’s shares on the London stock exchange gained 3.04% to close at 26.40 pounds on Friday, still roughly 10% shy of their 52-week peak of 29.38 pounds hit on Nov. 11, according to MarketWatch. Over in New York,
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Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
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