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Oil Prices 12 January 2026 - 15 January 2026

Heating oil price slips 3% as U.S. distillate stockpiles stay tight — what traders watch next

Heating oil price slips 3% as U.S. distillate stockpiles stay tight — what traders watch next

NY Harbor ULSD futures fell nearly 3% to about $2.20 a gallon in early Thursday trading, tracking weakness across the energy sector. U.S. distillate inventories held steady at 129.2 million barrels, but East Coast stocks dropped by 0.7 million to 32.2 million, EIA data showed. Refineries ran at 95.3% capacity while distillate production edged down. Markets await the Jan. 22 government inventory report.
15 January 2026
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Oil prices tumble 4% on Trump Iran remarks, putting Exxon and Chevron in focus premarket

Oil prices tumble 4% on Trump Iran remarks, putting Exxon and Chevron in focus premarket

Brent crude dropped 4.27% to $63.68 a barrel and WTI fell 4.32% to $59.34 after President Trump said killings in Iran were ending, easing supply fears. U.S. crude stocks rose by 3.4 million barrels last week. Chevron and Exxon shares slipped in premarket trading after gains Wednesday. The U.S. completed initial Venezuelan oil sales tied to a $2 billion deal, with more expected.
15 January 2026
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ConocoPhillips stock jumps 4% on oil’s Iran-driven swing — what COP traders watch next

ConocoPhillips stock jumps 4% on oil’s Iran-driven swing — what COP traders watch next

ConocoPhillips shares jumped 4.02% to $100.34 at Wednesday’s close, outpacing a broader market decline. Oil prices rose early but reversed after President Trump’s comments on Iran and a bearish U.S. inventory report. WTI crude settled at $62.02 a barrel, then slid further in Asian trading. Markets await Conoco’s Feb. 5 earnings and 2026 guidance.
15 January 2026
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Heating oil price today steadies near $2.25 as Iran risk collides with U.S. stockpile test

Heating oil price today steadies near $2.25 as Iran risk collides with U.S. stockpile test

U.S. heating oil futures rose to $2.2488 a gallon premarket Wednesday, up 0.46%, tracking gains in crude as unrest in Iran fueled supply concerns. The American Petroleum Institute reported a 4.34 million-barrel build in distillate stocks. More Venezuelan crude is arriving at U.S. ports, widening the WTI-Brent spread. Traders await the EIA’s weekly petroleum report at 10:30 a.m. EST.
14 January 2026
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Exxon stock hits 52-week high as oil jumps on Iran fears and Venezuela pressure builds (XOM)

Exxon stock hits 52-week high as oil jumps on Iran fears and Venezuela pressure builds (XOM)

Exxon Mobil shares hit a 52-week high of $126.99 Tuesday, rising 1.9% as oil prices jumped about 3% on concerns over Iranian exports. Brent crude settled at a seven-week high, with Barclays estimating a $3–$4 per barrel premium from Iran unrest. Investors are watching U.S. policy on Venezuela and Exxon’s Jan. 30 earnings. Chevron, Shell, BP, and ConocoPhillips also gained with crude.
13 January 2026
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Heating oil price jumps as Iran risk premium lifts NYMEX ULSD; distillate stocks in focus

Heating oil price jumps as Iran risk premium lifts NYMEX ULSD; distillate stocks in focus

U.S. heating oil futures rose 1.5% to $2.1876 a gallon in early Tuesday trading, lifted by crude gains and supply concerns linked to Iran. Brent and U.S. crude each jumped around 2% as traders priced in geopolitical risks. Cold weather forecasts for late January threaten to boost demand in key regions. Additional Venezuelan supply could temper further gains if exports ramp up.
13 January 2026
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Oil prices jump on Iran unrest as Exxon stock slips premarket; Venezuela barrels in focus

Oil prices jump on Iran unrest as Exxon stock slips premarket; Venezuela barrels in focus

Brent crude rose $1.06 to $64.93 a barrel and WTI gained $1.02 to $60.52 in early trading Tuesday, driven by supply fears linked to unrest in Iran. Exxon Mobil fell 0.5% premarket amid ongoing Venezuela access issues, while Chevron edged up and ConocoPhillips dropped 2.1%. Barclays estimated a $3–$4 per barrel risk premium. U.S. inventory data is due Wednesday.
13 January 2026
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Crude oil price today: Brent nears $65, WTI tops $60 on Iran unrest, Venezuela tug-of-war

Crude oil price today: Brent nears $65, WTI tops $60 on Iran unrest, Venezuela tug-of-war

Brent crude rose 1.7% to $64.93 a barrel and WTI climbed 1.7% to $60.52 on Tuesday amid U.S. tariff threats linked to Iran trade and renewed supply risks. Traders watched for U.S. stockpile data and signs of Venezuelan exports resuming. Four Greek-managed tankers were hit by drones in the Black Sea, disrupting Kazakh oil shipments. Iran’s floating crude stockpiles reached up to 170 million barrels.
13 January 2026
Heating oil price today: NY Harbor ULSD futures hold near $2.14 as Iran-Venezuela headlines jolt crude

Heating oil price today: NY Harbor ULSD futures hold near $2.14 as Iran-Venezuela headlines jolt crude

NY Harbor ULSD futures rose 0.2% to $2.1387 a gallon premarket Monday, trading between $2.1175 and $2.1585 on nearly 4,000 lots. Brent crude slipped 0.2% to $63.19 and WTI fell 0.3% to $58.93 after Iran signaled supply stability. Open interest in ULSD hovered near 88,730 contracts. Goldman Sachs projects a 2026 oil surplus and lower prices, forecasting Brent at $56 and WTI at $52 per barrel.
12 January 2026
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Crude Oil Price Today: Brent dips, oil stocks wobble as Iran and Venezuela headlines hit

Crude Oil Price Today: Brent dips, oil stocks wobble as Iran and Venezuela headlines hit

Brent crude fell to $63.03 a barrel as traders reduced the Iran risk premium after officials said the situation was under control. Vitol and Trafigura secured early deals to restart Venezuelan crude exports, while U.S. majors stayed cautious. Exxon Mobil dropped 1% premarket after Trump threatened to block its Venezuela investments. U.S. stock futures and oil-related shares were mixed ahead of CPI data.
12 January 2026
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Woodside Energy shares hold near one-month peak as oil jitters keep traders on edge

Woodside Energy shares hold near one-month peak as oil jitters keep traders on edge

Woodside Energy shares closed up 0.6% at A$23.72 Monday, touching their highest level in nearly a month as oil prices steadied on Iranian supply concerns and talk of Venezuelan barrels returning. Trading volume hit 2.23 million shares. The S&P/ASX 200 rose 0.5% to a four-week high. Investors are watching Woodside’s Jan. 28 quarterly update for production and outlook signals.
12 January 2026
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