Crude oil price stock jumps before the open as Venezuela talks and Iran unrest lift oil-linked shares
NEW YORK, Jan 9, 2026, 06:48 (EST) — Premarket
- Chevron, Exxon and ConocoPhillips moved higher in U.S. premarket trading as crude prices inched up
- Oil was little changed after Thursday’s sharp rebound, with traders watching developments tied to Venezuelan supply and the unrest in Iran
- Due later Friday, the U.S. jobs report will offer an immediate gauge of the dollar and where demand expectations stand
Oil-linked shares edged up in U.S. premarket trading on Friday, putting the crude-oil theme back on traders’ screens as geopolitical tensions rekindled demand. Chevron rose 2.6% to $159.25, Exxon Mobil climbed 3.7% to $122.91 and ConocoPhillips advanced 5.1% to $98.72; the United States Oil Fund (USO) gained…
