Oil & Gas 11 February 2026 - 13 February 2026

ROAD Slides Pre-Market as Construction Partners Confronts Oil Price Issue

ROAD Slides Pre-Market as Construction Partners Confronts Oil Price Issue

Construction Partners Inc. shares held steady in early Tuesday trading after closing Monday at $114.74, down 1.49%. The company reported fiscal Q2 revenue up 34.5% to $769.2 million and a record $3.14 billion backlog in May. No new press releases or filings were posted since May 8. Rising oil and asphalt costs remain a risk, with the company warning higher petroleum prices could hurt profits.
June 2, 2026
Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus

Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus

Chevron shares fell 1.4% to $183.25 as oil prices dropped sharply after the IEA flagged weaker demand and rising supply. Exxon Mobil and BP U.S. shares also declined, tracking crude. Chevron was named winning bidder for Libya’s Sirte S4 exploration license, pending a production-sharing agreement. Venezuela may grant Chevron and Repsol new oil blocks this week, according to Bloomberg sources.
February 12, 2026
Oil jumps toward $70 as U.S.-Iran tensions outweigh surprise crude stock build

Oil jumps toward $70 as U.S.-Iran tensions outweigh surprise crude stock build

Brent crude rose 1.77% to $70.02 a barrel and U.S. WTI climbed 1.89% to $65.17 on Wednesday, lifted by U.S.-Iran tensions despite an 8.5 million barrel surge in U.S. crude inventories. President Trump said he may send a second carrier to the Middle East as talks with Iran continue. OPEC projected lower demand for its crude in the second quarter. Traders await the IEA’s update Thursday and U.S. inflation data Friday.
February 11, 2026