Today: 7 February 2026
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Oil Prices News 29 January 2026 - 2 February 2026

IAG share price firms as oil slides nearly 5%; British Airways owner in focus ahead of Feb results

IAG share price firms as oil slides nearly 5%; British Airways owner in focus ahead of Feb results

IAG shares rose 1% to 422.5 pence in early London trading, outperforming a weaker European market as Brent crude fell nearly 5% to $65.94 a barrel after U.S.-Iran tensions eased. The STOXX 600 dropped 0.4%, pressured by commodity declines and news of Kevin Warsh’s Fed nomination. Investors await IAG’s full-year results on Feb. 27.
2 February 2026
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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
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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.
2 February 2026
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PetroChina A-share stock heads into Monday: oil near $70, OPEC+ decision, and a Dalian refinery restart report

PetroChina A-share stock heads into Monday: oil near $70, OPEC+ decision, and a Dalian refinery restart report

PetroChina’s Class A shares closed at 11.02 yuan in Shanghai Friday, up 1.2% after reaching a 52-week high of 11.15 yuan. Crude prices hovered near six-month peaks as OPEC+ kept March output steady, citing Iran tensions. PetroChina’s parent plans to restart a 200,000 bpd Dalian refinery unit by mid-2026 to process discounted Russian crude, pending regulatory approval.
1 February 2026
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International Consolidated Airlines Group (IAG) share price closes up at £4.18 — oil is the next swing factor

International Consolidated Airlines Group (IAG) share price closes up at £4.18 — oil is the next swing factor

International Consolidated Airlines Group SA closed up 2.05% at £4.18 Friday as Brent crude topped $70 ahead of an OPEC+ meeting expected to keep output steady. The FTSE 100 rose 0.5% while the pound slipped 0.6% against the dollar. easyJet and Ryanair reported strong summer bookings. IAG’s full-year results are due Feb. 27.
31 January 2026
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Heating oil price dips as crude cools on Iran talk signals — what traders watch next

Heating oil price dips as crude cools on Iran talk signals — what traders watch next

U.S. heating oil futures fell 1.1% to $2.4566 a gallon in overnight trading, as distillate inventories rose and crude prices eased. Government data showed distillate stocks up 0.3 million barrels, now 1% above the five-year average. Brent crude dropped to $70.03 a barrel after President Trump signaled openness to talks with Iran. U.S. crude output remains disrupted by winter storms.
30 January 2026
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Oil prices slip from five-month highs as Trump hints at Iran talks; OPEC+ decision looms

Oil prices slip from five-month highs as Trump hints at Iran talks; OPEC+ decision looms

Oil prices fell nearly 1% Friday after U.S. President Trump signaled openness to talks with Iran, easing fears of supply disruption. Brent crude dropped 68 cents to $70.03 a barrel by 0958 GMT, while U.S. WTI slipped 72 cents to $64.70. OPEC+ is expected to keep output steady in March, delegates told Reuters. About 500,000 barrels per day of U.S. production remained offline after winter storms.
30 January 2026
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Heating Oil Price Ticks Up as Iran Risk Lifts Crude; Traders Weigh U.S. Distillate Stocks

Heating Oil Price Ticks Up as Iran Risk Lifts Crude; Traders Weigh U.S. Distillate Stocks

Heating oil futures rose about 0.4% to $2.4566 a gallon Thursday, tracking a surge in crude prices as Middle East tensions escalated. U.S. distillate stocks increased by 329,000 barrels last week, while crude inventories fell by 2.3 million barrels, according to the EIA. Brent crude climbed 2% to near $69.79 a barrel. Traders remain focused on geopolitical risks and upcoming U.S. inventory data.
29 January 2026
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Stock Market Today

Walmart stock jumps to $131 as traders brace for CPI and Feb. 19 earnings

Walmart stock jumps to $131 as traders brace for CPI and Feb. 19 earnings

7 February 2026
Walmart shares rose 3.3% Friday to $131.18, up 10% since Jan. 30, as the Dow closed above 50,000 for the first time. The retailer’s market value crossed $1 trillion this week. Investors await January inflation data on Feb. 13 and Walmart’s quarterly results on Feb. 19 for signs of continued momentum.
Caterpillar stock price jumps 7% to $726 as Dow cracks 50,000 — what matters next week

Caterpillar stock price jumps 7% to $726 as Dow cracks 50,000 — what matters next week

7 February 2026
Caterpillar shares surged 7.1% to $726.20 Friday, driving the Dow above 50,000 for the first time. The move erased recent losses and followed insider selling by Group President Bob De Lange earlier in the week. Deere and CNH Industrial also gained as investors rotated into industrial stocks. Markets await next week’s U.S. jobs and inflation data.
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