ConocoPhillips stock jumps 3.3% as oil steadies; Venezuela and OPEC+ headlines are next
NEW YORK, January 3, 2026, 16:55 ET — Market closed ConocoPhillips (COP) shares rose 3.3% to close at $96.70 on Friday, after trading between $93.13 and $96.94. About 7.0 million shares changed hands. Yahoo Finance The rally put the Houston-based producer back within range of the $100 level as investors reopened positions after the New Year holiday. For oil-focused producers, shifts in crude prices and policy headlines can drive outsized moves in equities. That sensitivity matters now as the market weighs a potentially well-supplied oil balance against flashpoints that can disrupt supply. The U.S. Energy Information Administration forecast Brent would