Today: 7 February 2026
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Oil Prices News 21 August 2025 - 15 October 2025

Oil Prices Rollercoaster: Trade War Fears & OPEC Moves Spark 5-Month Lows

Oil Tanks to ~$59 as Glut Fears Mount – Experts Warn “Super Glut” Looming

Key facts: Oil prices have plunged to five-month lows amid a supply glut and demand worries. U.S. WTI crude recently hit about $58.7/barrel (Nov futures) and Brent ~$62.7tradingnews.comrigzone.com – the weakest levels since May. Traders say the slide was triggered by rising OPEC+ output and a U.S.–China trade war scare (Trump’s 100% tariffs triggered a rapid selloff)tradingnews.comrigzone.com. The IEA now forecasts an unprecedented ~4 million barrels/day supply surplus in 2026rigzone.com. OPEC’s Secretary-General Haitham al Ghais warns $18.2 trillion of new oil investment is needed through 2050 to avoid future shortagestradingnews.com. Banks and analysts are growing bearish: Bank of America predicts Brent
15 October 2025
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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