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Oil Prices News 2 February 2026 - 4 February 2026

Santos share price jumps 3% as oil rises — what ASX:STO investors watch next

Santos share price jumps 3% as oil rises — what ASX:STO investors watch next

Santos closed up 3.4% at A$7.04 on Wednesday, with trading volume topping 14 million shares amid rising oil prices after U.S.-Iran tensions in the Strait of Hormuz. The ASX 200 gained 0.8%, led by energy stocks. No new Santos filings appeared; the last update was its first Barossa LNG cargo in late January. Santos’ next earnings report is scheduled for Feb. 18.
Woodside Energy share price jumps 3% on oil rally — what ASX:WDS investors watch next

Woodside Energy share price jumps 3% on oil rally — what ASX:WDS investors watch next

Woodside Energy shares rose 3.1% to A$25.84 Wednesday, outperforming the S&P/ASX 200, which closed up 0.8%. Brent crude climbed 0.8% to $67.89 a barrel amid renewed U.S.-Iran tensions. Woodside announced a new partnership with TEX-E in Houston and set its full-year results briefing for Feb. 24. The company forecasts lower production in 2026 after a record 2025.
Exxon Mobil (XOM) stock jumps nearly 4% as oil steadies — what traders are watching next

Exxon Mobil (XOM) stock jumps nearly 4% as oil steadies — what traders are watching next

Exxon Mobil shares jumped 3.8% to $143.62 Tuesday, rebounding from Monday’s 2.1% drop. Oil prices also rose, with Brent at $66.75 and U.S. crude at $62.70, after a sharp slide tied to U.S.-Iran talks and supply rumors. Refinery labor negotiations continued, averting a strike for now. BNP Paribas Exane downgraded Exxon to “underperform” with a $125 target.
Shell stock price slides with oil — what to watch before Feb 5 earnings

Shell stock price slides with oil — what to watch before Feb 5 earnings

Shell’s U.S. shares fell 1.7% to $75.73 on Monday as oil prices slid over 4% following signs of easing U.S.-Iran tensions. Brent crude settled at $66.30 a barrel. Investors are focused on Shell’s fourth-quarter results and dividend announcement due Feb. 5. Analysts expect major European oil firms to cut shareholder returns, mainly by reducing buybacks.
Exxon stock slides as oil tumbles on US-Iran thaw — here’s what traders watch next

Exxon stock slides as oil tumbles on US-Iran thaw — here’s what traders watch next

Exxon Mobil shares fell 2.1% to $138.40 Monday as oil prices dropped over 4% following Donald Trump’s claim that Iran is “seriously talking” with the U.S. Brent crude slid to $66.30 a barrel, while U.S. WTI fell to $62.14. The S&P 500 energy index also declined about 2%. Traders await U.S. inventory data Feb. 4 and U.S.-Iran nuclear talks Feb. 6.
US economic calendar today: ISM factory PMI ahead as S&P 500 futures slip, oil tumbles

US economic calendar today: ISM factory PMI ahead as S&P 500 futures slip, oil tumbles

S&P 500 futures dropped 0.5% and oil prices plunged 4.9% to $62.05 a barrel in early trading Monday as the U.S. entered a government shutdown. Gold fell 1.8% after CME Group raised margin requirements. Factory and PMI data are due this morning, with Friday’s jobs report in focus. Tesla and NVIDIA shares slipped about 1% premarket, while Oracle rose nearly 4%.
Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

U.S. gasoline futures fell over 4% early Monday, tracking a sharp drop in crude after signs of easing tensions with Iran and a stronger dollar. NYMEX RBOB for March traded near $1.86 a gallon by 6:45 a.m. EST. U.S. pump prices held steady at $2.88 a gallon, according to AAA. Traders await Wednesday’s EIA petroleum report for inventory updates.
Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices tumble 5% as Trump flags Iran talks, risk premium drains fast

Oil prices fell about 5% Monday after Donald Trump said Iran was “seriously talking” with the U.S., easing supply fears. Brent crude dropped $3.63 to $65.69 a barrel, while U.S. crude fell $3.60 to $61.61. OPEC+ kept March output steady and received updated compensation plans from Iraq, UAE, Kazakhstan, and Oman. Traders are watching China’s demand and upcoming U.S. inventory and jobs data.
2 February 2026
Seatrium (SGX:5E2) stock slides 1.4% as oil tumbles — what to watch before Feb 26 results

Seatrium (SGX:5E2) stock slides 1.4% as oil tumbles — what to watch before Feb 26 results

Seatrium shares fell 1.4% to S$2.08 in afternoon trading Monday, with nearly 10 million shares changing hands. The drop tracked a broader market slide as the Straits Times Index lost 0.7% and oil prices tumbled. Seatrium will report full-year results on Feb. 26 and faces ongoing arbitration over the DolWin 5 project, with claims totaling nearly 300 million euros.
2 February 2026
Woodside Energy share price slides after oil tumbles; what to watch before Feb 24 results

Woodside Energy share price slides after oil tumbles; what to watch before Feb 24 results

Woodside Energy shares fell 1.8% to A$24.91 after Brent crude dropped 4.8% to $66.02 a barrel and WTI slid nearly 5% to $61.98, following signals of easing U.S.-Iran tensions and steady OPEC+ output. Investors await the 2025 annual report on Feb. 24, as the company prepares for a major Pluto LNG shutdown in Q2 and eyes 2026 production guidance.

Stock Market Today

China Construction Bank Class A stock ticks up at Friday close as China data looms

China Construction Bank Class A stock ticks up at Friday close as China data looms

7 February 2026
China Construction Bank Class A shares closed up 0.11% at 8.84 yuan in Shanghai on Friday, with around 100 million shares traded. The Shanghai Composite slipped 0.25%. Investors are watching for January inflation data on Feb. 11 and credit figures on Feb. 13 for policy signals. Premier Li Qiang called for early fiscal support to meet economic targets, state media reported.
PetroChina Class A stock rises with oil rebound — what 601857 traders watch next week

PetroChina Class A stock rises with oil rebound — what 601857 traders watch next week

7 February 2026
PetroChina A-shares rose 2.3% to 10.77 yuan Friday, outperforming the Shanghai Composite, which fell 0.25%. Crude prices rebounded, with Brent settling at $68.05 a barrel, as traders tracked U.S.-Iran talks and new EU sanctions proposals. About 198.5 million PetroChina shares traded in the session. Investors await the company’s next earnings report later this quarter.
Morgan Stanley stock price bounces after three-day slide; what to watch before Monday

Morgan Stanley stock price bounces after three-day slide; what to watch before Monday

7 February 2026
Morgan Stanley shares rose 2.34% to $179.96 Friday, snapping a three-day slide as the Dow closed above 50,000 for the first time. About 9.1 million MS shares traded hands. The rebound followed Thursday’s 2.35% drop and came amid renewed rate-cut speculation and surging AI spending. Morgan Stanley remains 6.6% below its January high.
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