Oil 18 February 2026

Shell Rises with Oil Back at $110
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Shell Rises with Oil Back at $110

Shell Plc shares climbed 1.64% to 3,247 pence in London on Monday, outperforming the FTSE 100, after drone attacks in the Gulf sent Brent crude to $110.50 a barrel and disrupted traffic through the Strait of Hormuz. Shell bought back over 1.29 million shares on May 14 as part of its ongoing $3 billion buyback program.
May 18, 2026
Exxon Mobil stock climbs as oil jumps on geopolitics — here’s what traders watch next
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Exxon Mobil stock climbs as oil jumps on geopolitics — here’s what traders watch next

Exxon Mobil shares climbed 2.5% to $149.83 by late morning Wednesday as crude prices rebounded. Brent rose 2.9% to $69.38 a barrel after Russia-Ukraine talks broke down and U.S.-Iran tensions persisted. Exxon said its Guyana gas pipeline is ready but needs more local demand; parts of the Stabroek Block remain under force majeure due to a border dispute. Mobil Oil Australia was fined A$16 million for misleading fuel claims.
February 18, 2026

Stock Market Today

  • Oil prices drop below $100 on Iran peace deal hopes, markets rise
    May 25, 2026, 8:37 AM EDT. Oil prices fell below $100 a barrel for the first time in two weeks as hopes grow for a US-Iran peace deal. Brent crude dropped 5.5% to just under $98. The conflict's focal point remains Iran's blockade of the Strait of Hormuz, a critical energy chokepoint. Equity markets responded positively, with Japan's Nikkei up nearly 3% and Europe's Stoxx 600 rising 0.8%. The dollar weakened while the pound hit its highest level since May. Analysts caution markets remain wary as past negotiations have stalled. Inflation fears have driven central banks to consider further rate hikes, with the Bank of England expected to raise rates twice in 2024.