Energy 26 February 2026 - 2 March 2026

Iran Says Lavan Oil Refinery Hit, Israel Denies Role as Ceasefire Faces Early Test

Iran Says Lavan Oil Refinery Hit, Israel Denies Role as Ceasefire Faces Early Test

Iran reported an "enemy attack" on its Lavan Island oil refinery Wednesday, igniting a fire but causing no injuries, days after a U.S.-Iran ceasefire was announced. Israel denied involvement. Brent crude fell 16% to $91.80 as traders anticipated Hormuz reopening, despite ongoing strikes on energy sites in the region. Shipping firms said full operations could take weeks to restore, with around 1,000 vessels still stranded.
April 8, 2026
GE Vernova (GEV) stock climbs as gas-turbine bottleneck sharpens focus on power-buildout trade

GE Vernova (GEV) stock climbs as gas-turbine bottleneck sharpens focus on power-buildout trade

GE Vernova shares climbed 1.6% to $887.42 by midday Monday as investors responded to a tightening U.S. gas-turbine supply amid surging data-center power demand. U.S. gas-fired power capacity under development tripled in 2025 to 252 GW, pushing turbine lead times past five years. NRG Energy has reserved 2.4 GW of GE Vernova turbines for projects due in 2029 and 2030. The company warned of a $250 million revenue hit from Vineyard Wind delays.
March 2, 2026
SM Energy stock jumps nearly 10% premarket as oil spikes; what to watch next

SM Energy stock jumps nearly 10% premarket as oil spikes; what to watch next

SM Energy shares jumped about 9.5% in premarket trading Monday as U.S. crude surged roughly 8% to $72.60 a barrel on Middle East supply fears. The company will pay a $0.22 quarterly dividend March 23 to holders of record March 9. SM recently agreed to sell $950 million in assets, with closing expected in Q2 2026. Exxon, Chevron, and Occidental also posted strong premarket gains.
March 2, 2026
TotalEnergies share price jumps as oil spikes on Iran conflict; JPMorgan upgrades TTEF

TotalEnergies share price jumps as oil spikes on Iran conflict; JPMorgan upgrades TTEF

TotalEnergies shares rose 3.1% to 69.36 euros in Paris after oil prices surged on fears of Middle East supply disruptions. JPMorgan upgraded the stock to “overweight” and raised its price target to 75 euros. Over 200 vessels were anchored near the Strait of Hormuz as Brent crude jumped nearly 8%. The STOXX 600 fell 1.5% as most European equities declined.
March 2, 2026
BP share price rises as oil surges on Iran conflict — what to watch next

BP share price rises as oil surges on Iran conflict — what to watch next

BP shares rose 1.7% to 485.6 pence in London Monday as Brent crude surged up to 13% after Iranian retaliation disrupted shipping through the Strait of Hormuz. Energy stocks outperformed while broader European markets fell. Goldman Sachs estimated an $18-a-barrel risk premium and warned prices could climb further if disruption continues. BP’s next earnings report is due April 28.
March 2, 2026
Exxon Mobil stock price jumps in premarket as oil shock lifts energy names

Exxon Mobil stock price jumps in premarket as oil shock lifts energy names

Exxon Mobil shares jumped 4.97% to $160.08 in premarket trading Monday as oil prices surged over 8% following U.S. and Israeli strikes on Iran that killed Supreme Leader Ali Khamenei. Tanker traffic through the Strait of Hormuz has been disrupted, with several shipping firms suspending movements. Brent crude rose 9.5% to $79.78. Exxon traded 248,000 shares before the open.
March 2, 2026
Glencore share price ticks up in London as Iran conflict pushes oil higher — what investors watch next

Glencore share price ticks up in London as Iran conflict pushes oil higher — what investors watch next

Glencore shares rose 0.6% to 537.3 pence in early London trading Monday. Oil prices surged, with Brent crude up about 10% near $79.90 a barrel, as conflict involving Iran disrupted supply routes. Glencore-Merafe paused planned layoffs in South Africa until March 31 after Eskom offered a lower power tariff. Ship insurers canceled war-risk cover, leaving around 200 vessels anchored near the Strait of Hormuz.
March 2, 2026
Gasoline prices tick up again: UGA climbs as fuel futures firm and summer-blend season starts

Gasoline prices tick up again: UGA climbs as fuel futures firm and summer-blend season starts

The United States Gasoline Fund rose 0.75% to $72.36 as NYMEX RBOB gasoline futures climbed 1.32% to $2.2834 a gallon. U.S. gasoline inventories fell by 1 million barrels last week, while refinery utilization slipped to 88.6%, EIA data showed. The national average for regular gasoline reached $2.982 a gallon, up from a week ago, according to AAA. Traders await the EIA’s next inventory report on March 4.
February 27, 2026
NuScale Power (SMR) stock drops in premarket after $1 billion share-sale plan

NuScale Power (SMR) stock drops in premarket after $1 billion share-sale plan

NuScale Power shares fell 5.6% to $12.58 in U.S. premarket trading Friday after the company launched a new $1 billion at-the-market stock offering. NuScale ended 2025 with $1.3 billion in liquidity and reported a net loss of $664.5 million for the year. The company raised $750 million in the fourth quarter through a prior ATM program. Investors are watching for dilution risk and progress on contract signings.
February 27, 2026
GE Vernova stock slips today as Poland SMR deal lands — what moved GEV and what’s next

GE Vernova stock slips today as Poland SMR deal lands — what moved GEV and what’s next

GE Vernova shares fell 1% to $867.03 Thursday afternoon, after hitting a record high Wednesday and surging 5.8% Tuesday. The company’s nuclear joint venture signed a design agreement in Poland for its BWRX-300 small modular reactor. Broader markets declined, with the Nasdaq down and Nvidia dropping 4.5%. Investors are watching for GE Vernova’s April 22 earnings webcast.
February 26, 2026
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