Sydney, Jan 8, 2026, 17:59 AEDT — After-hours
- Woodside shares closed up 0.4% at A$22.95
- Crude rebounded on a U.S. inventory draw, with Venezuela headlines still driving swings
- Next catalyst is Woodside’s fourth-quarter report on Jan. 28
Woodside Energy Group Ltd (WDS.AX) shares ended Thursday up 0.4% at A$22.95, as investors took another cue from oil after a choppy start to the year.
The small move matters because traders have been pricing Woodside like a macro lever: oil up, Woodside steadies; oil down, Woodside slips. The next company update lands in a market that is trying to decide whether 2026 starts with too much supply.
Woodside’s calendar shows a fourth-quarter 2025 report due on Jan. 28, followed by its 2025 annual report on Feb. 24. That quarterly update is the next close look at production, sales and realised prices, plus any commentary on spending for liquefied natural gas (LNG) projects.
Oil edged higher earlier on Thursday after two days of declines, helped by a larger-than-expected fall in U.S. crude stocks, Reuters reported. “Pullback buying has nudged prices slightly higher, but persistent oversupply concerns are capping upside momentum,” said Mitsuru Muraishi, an analyst at Fujitomi Securities. Reuters
The sector is also moving into earnings season with a cautious tone. Exxon Mobil said lower crude prices could cut fourth-quarter upstream earnings — its oil and gas production business — by about $800 million to $1.2 billion, a filing showed.
On the chart, MarketScreener data put near-term support around A$22.80 — a level traders see as a possible floor if buyers return — with resistance near A$24.16, where selling has tended to appear. Woodside is down 3.0% over five days and 2.7% since Jan. 1.
But the tape can turn fast. U.S. moves to redirect Venezuelan barrels and seize tankers have already pushed prices around on shifting supply expectations, and that kind of volatility can spill into energy shares.
