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Oil Industry 7 January 2026 - 10 January 2026

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.
10 January 2026
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JPMorgan stock: Venezuela oil-finance angle lands just as earnings week starts

JPMorgan stock: Venezuela oil-finance angle lands just as earnings week starts

New York, Jan 10, 2026, 13:29 EST — Market closed JPMorgan Chase could be among the few U.S. banks positioned to pick up business if Venezuela’s oil trade opens up, with one dormant Caracas office that could be reactivated, sources and analysts told Reuters late Friday. The bank has had a presence in the country for decades, and one internal idea floated was a trade bank to finance oil exports, one person familiar with the matter said. “JPMorgan is the best in class global bank,” Wells Fargo banking analyst Mike Mayo said.
10 January 2026
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Exxon Mobil stock in focus as CEO calls Venezuela “uninvestable” while keeping return option alive

Exxon Mobil stock in focus as CEO calls Venezuela “uninvestable” while keeping return option alive

New York, January 10, 2026, 10:43 EST — Market closed Exxon Mobil Corp shares ended Friday up 1.38% at $124.61. CEO Darren Woods said the company is ready to consider reentering Venezuela, but described the country as “uninvestable” given its current regulations. At the same White House meeting, Chevron’s Mark Nelson claimed the oil giant could double its “liftings”—crude cargo shipments—and boost production by roughly 50% within 18 to 24 months.
10 January 2026
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Exxon Mobil stock pops after-hours as CEO opens door to Venezuela return, earnings loom

Exxon Mobil stock pops after-hours as CEO opens door to Venezuela return, earnings loom

NEW YORK, Jan 9, 2026, 18:42 EST — After-hours Exxon Mobil Corporation shares rose in after-hours trading on Friday after CEO Darren Woods said the company was ready to evaluate a return to Venezuela, where Exxon left after its assets were nationalized nearly two decades ago. Woods made the remarks at a White House meeting arranged days after U.S. forces captured and removed Venezuelan President Nicolas Maduro from power. Exxon stock was up 1.4% at $124.61, after trading between $122.31 and $124.86.
10 January 2026
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Valero (VLO) stock slides as Venezuela oil talks loom and an analyst trims a target

Valero (VLO) stock slides as Venezuela oil talks loom and an analyst trims a target

NEW YORK, Jan 9, 2026, 14:39 — Regular trading Valero Energy shares fell 3.2% to $185.16 Friday afternoon, after hitting an intraday low of $182.70. Marathon Petroleum was off 0.1% and Phillips 66 dropped 1.1%. Piper Sandler lowered its Valero price target to $217 from $223 and stuck with an “overweight” rating, The Fly reported.
9 January 2026
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Chevron stock jumps after hours as Venezuela licence talks put CVX back in play

Chevron stock jumps after hours as Venezuela licence talks put CVX back in play

NEW YORK, Jan 8, 2026, 19:28 EST — After-hours Chevron Corp shares rose 2.6% in after-hours trading on Thursday after a Reuters report said the oil major is in talks with Washington to expand its Venezuela licence, which could let it ship more crude to its refineries and sell to other buyers. The stock was at $159.25. Tighter terms imposed in July cut the company’s Venezuelan exports to about 100,000 barrels per day in December from 250,000 earlier this year, sources said. Reuters
9 January 2026
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Indian Oil stock tumbles as tariff jitters and budget tax risk weigh on oil retailers

Indian Oil stock tumbles as tariff jitters and budget tax risk weigh on oil retailers

Indian Oil Corp shares slid on Thursday, extending a four-session decline, as the state-run fuel retailer tracked a broader sell-off in Indian equities. The stock touched an intraday low of 155.80 rupees and was last down 3.87% at 156.37 rupees. https://www.moneycontrol.com/india/stockpricequote/refineries/indianoilcorporation/IOC https://www.marketsmojo.com/news/stocks-in-action/indian-oil-corporation-ltd-hits-intraday-low-amid-price-pressure-3785596 The drop landed as investors pulled back from risk assets, with Indian benchmarks posting their steepest one-day fall in over four months. Oil and gas shares were among the hardest hit sectors as traders weighed global policy risks and crude-market headlines.
8 January 2026
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Oil stocks slide before the open as Exxon flags up to a $1.2 billion hit — what to watch next

Oil stocks slide before the open as Exxon flags up to a $1.2 billion hit — what to watch next

New York, Jan 8, 2026, 06:15 EST — Premarket Oil stocks fell in U.S. premarket trade on Thursday, led by Exxon Mobil down 2.1% and ConocoPhillips off 3.3%. Exxon slid after it said in a regulatory filing that lower crude prices could cut fourth-quarter upstream earnings by about $800 million to $1.2 billion. Chevron was down 0.8% and the Vanguard Energy ETF, a broad gauge of the sector, dipped about 1%. Reuters
8 January 2026
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Chevron stock (CVX) slips after hours as Lukoil bid talk swirls and Venezuela oil deal drags crude

Chevron stock (CVX) slips after hours as Lukoil bid talk swirls and Venezuela oil deal drags crude

New York, January 7, 2026, 18:01 EST — After-hours Chevron Corp shares slipped in after-hours trade on Wednesday after a report said the oil major could team up with private equity group Quantum Energy Partners to bid for Lukoil’s international assets, valued by the Russian producer at $22 billion. The stock was down 0.8% at $155.20. A Chevron spokesperson said the company “continues to assess potential opportunities,” but declined to comment on commercial matters. Reuters
8 January 2026
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Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook

Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook

NEW YORK, January 7, 2026, 15:29 EST — Regular session Chevron fell 0.9% to $155.17 in afternoon trade after Reuters reported private equity group Quantum Energy Partners is working on a bid that could involve the U.S. oil major for Lukoil’s international assets. A Chevron spokesperson said the company “continues to assess potential opportunities,” but declined to comment on commercial matters. Reuters
7 January 2026
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Stock Market Today

  • Palantir (PLTR) leads Q1 data analytics earnings with big revenue gain, stock drops
    July 1, 2026, 1:04 PM EDT. Palantir Technologies (NASDAQ:PLTR) led its data analytics peers in the first quarter, with revenue up 84.7% from a year ago and beating estimates by 6.1%. Still, Palantir shares slid 19.7% after results as investors looked for more than what analysts had projected. Across the sector, seven tracked names topped consensus revenue by an average of 2.7%, but their stocks lost 4.7% on average. CLEAR Secure (NYSE:YOU) revenue gained 19.7% and beat estimates by 3.5%, while its stock declined 3.4%. Despite earnings beats and higher outlooks, the group is seeing investors pull back, showing a disconnect between Wall Street numbers and sentiment.
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