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Oil Prices News 4 February 2026 - 7 February 2026

Woodside Energy share price slides into the weekend as ASX rout bites; oil talks, results ahead

Woodside Energy share price slides into the weekend as ASX rout bites; oil talks, results ahead

Woodside Energy fell 1.6% to A$25.48 as the S&P/ASX 200 dropped 2.0%, its biggest one-day fall in 10 months. Energy, technology, and gold stocks each lost about 3%. Brent crude ended at $68 a barrel, up 0.7% on the day but down 4.3% for the week. Woodside reported record 2025 production and said Scarborough LNG remains on track for late 2026.
Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

NYMEX heating oil futures fell 0.4% to $2.3830 a gallon in early New York trading Friday. U.S. distillate inventories dropped by 5.6 million barrels last week, hitting 127.4 million, according to the EIA. Traders are watching U.S.-Iran talks in Oman and upcoming inventory data for signals on supply risks. Brent crude edged up 7 cents to $67.62 a barrel.
6 February 2026
Chevron stock slips as oil drops ahead of U.S.-Iran talks and Chevron reshuffles top jobs

Chevron stock slips as oil drops ahead of U.S.-Iran talks and Chevron reshuffles top jobs

Chevron shares fell 1.2% to $179.12 as oil prices dropped and traders eyed upcoming U.S.-Iran talks. The company announced senior leadership changes, with several executives retiring and new appointments set for March and April. Chevron also signed exploration agreements in Syria and Qatar, and reaffirmed its commitment to the Yoyo-Yolanda gas project in Africa.
Exxon Mobil (XOM) stock slips as oil drops — what to watch before Friday U.S.-Iran talks

Exxon Mobil (XOM) stock slips as oil drops — what to watch before Friday U.S.-Iran talks

Exxon Mobil shares fell 1.5% to $145.38 as crude prices dropped over 3% ahead of U.S.-Iran talks set for Friday in Oman. The company finalized a $2.32 billion deal for the FPSO One Guyana vessel, with SBM Offshore operating it through 2035. Vice president Darrin L. Talley sold 5,000 shares on Feb. 2 at about $139.75 each, according to a regulatory filing.
Heating oil price falls 1.3% before U.S.-Iran talks, even as distillate stocks tighten

Heating oil price falls 1.3% before U.S.-Iran talks, even as distillate stocks tighten

March heating oil futures fell 1.3% to $2.4380 a gallon in early New York trading, tracking a drop in crude prices after the U.S. and Iran agreed to hold talks in Oman on Friday. U.S. distillate inventories dropped by 5.6 million barrels last week, now 2% below the five-year average, according to EIA data. Traders are watching the Oman meeting and next week’s U.S. inventory report for further direction.
Bitcoin Nears $70,000 Breaking Point as Liquidity Dries Up; Oil Slides on Dollar Strength

Bitcoin Nears $70,000 Breaking Point as Liquidity Dries Up; Oil Slides on Dollar Strength

Bitcoin fell over 3% in Asian trading Thursday, dropping to $70,052.38—its lowest since November 2024—while ether slid nearly 2% to $2,086.11. U.S. spot bitcoin ETFs saw $3 billion in January outflows. The dollar hit a two-week high as oil, gold, and copper prices declined on easing geopolitical tensions. Silver plunged nearly 15%. Thin trading conditions drove sharp price swings across markets.
Woodside Energy share price today: WDS closes higher as oil slips ahead of US-Iran talks

Woodside Energy share price today: WDS closes higher as oil slips ahead of US-Iran talks

Woodside Energy shares closed up 0.23% at A$25.90, outperforming a 1.2% drop in Australian energy stocks as oil prices fell. Brent crude slid nearly 2% to $68.02 after news of U.S.-Iran nuclear talks set for Friday in Oman. Miners dragged the broader market lower on weaker commodity prices. Investors await Friday’s U.S.-Iran meeting and jobs data for further market direction.
Exxon Mobil stock price today: XOM nears fresh highs as oil steadies and dividend date looms

Exxon Mobil stock price today: XOM nears fresh highs as oil steadies and dividend date looms

Exxon Mobil shares rose 1.6% to $146.02 by late morning Wednesday, near their session high, as oil prices steadied after U.S.-Iran tensions flared in the Strait of Hormuz. Brent crude edged up to $67.38 a barrel. Traders are watching U.S.-Iran talks in Oman set for Friday and Exxon’s dividend record date on Feb. 12. Volume in Exxon shares more than doubled its 50-day average Tuesday.
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Stock Market Today

Home Depot stock price: jobs, inflation and a Feb. 24 earnings test loom

Home Depot stock price: jobs, inflation and a Feb. 24 earnings test loom

7 February 2026
Home Depot shares rose 0.7% to $385.15 Friday, trading between $379.10 and $386.37. Investors await a delayed U.S. jobs report Wednesday and CPI data Friday, both postponed by a brief government shutdown. Home Depot reports fourth-quarter earnings Feb. 24. The Dow closed above 50,000 for the first time.
JPMorgan stock price jumps 4% into weekend as Wall Street braces for a busy data week

JPMorgan stock price jumps 4% into weekend as Wall Street braces for a busy data week

7 February 2026
JPMorgan shares rose 3.95% to $322.40 Friday, outpacing other major banks as U.S. stocks rallied and the Dow closed above 50,000 for the first time. The bank recently completed a $3 billion subordinated notes offering. Investors are watching for delayed U.S. jobs data and inflation figures next week, ahead of JPMorgan’s Feb. 23 company update.
AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

7 February 2026
AbbVie shares rose 2% to $223.43 Friday, capping a volatile week marked by earnings and drug sales scrutiny. Moody’s upgraded AbbVie’s credit rating to A2, citing strong performance in immunology and neuroscience. Investors remain focused on Skyrizi and Rinvoq growth amid rising competition and recent regulatory filings. Trading volume stayed below average, with the stock still 9% off its 52-week high.
SK hynix stock price slips into Monday after S&P upgrade, tech selloff

SK hynix stock price slips into Monday after S&P upgrade, tech selloff

7 February 2026
SK hynix shares closed at 839,000 won, down 0.36% Friday and 8% for the week, as tech stocks retreated across Asia. S&P Global Ratings upgraded the chipmaker to “BBB+” with a positive outlook, citing strong HBM sales. The KOSPI fell 1.4% Friday, ending a six-week winning streak. Traders await Monday’s Seoul open for signs of further tech weakness.
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