BP p.l.c.

Chevron Corporation

Shell plc

Exxon Mobil Corporation

Shares of energy companies in the United States and Europe fell in price on Wednesday: a truce in the Middle East removed a significant military premium built into oil prices, Reuters <a href="https://www.reuters.com/business/energy/european-energy-shares-drop-oil-plunges-iran-ceasefire-2026-04-08/">writes</a>. They fell below $100 a barrel after the U.S. and Iran agreed to a two-week pause in hostilities and the opening of the Strait of Hormuz, through which more than 20% of the world's oil supply passes.

A painful day: energy stocks fell in price after oil prices plummeted

Occidental Petroleum Corporation

Cheniere Energy, Inc.

So far, securities in the sector have not shown any particular dynamics, although Brent and WTI have updated their highs for four years

Energy stocks have finally started to rise following oil. What has changed?

TotalEnergies SE

Liquefied natural gas supplier Shell has declared force majeure (a notice that provides for the release of the company from liability for failure to fulfill its contractual obligations) to its customers across Asia following the <a href="https://oninvest.com/article/ceny-na-gaz-v-evrope-podskocili-na-47-posle-priostanovki-spg-kompleksa-v-katare">shutdown</a> in Qatar amid hostilities of the LNG complex with a capacity of 77 million tons per year. This was <a href="https://www.reuters.com/business/energy/shell-totalenergies-others-declare-fm-their-clients-who-take-lng-qatar-sources-2026-03-11/">reported by</a> Reuters sources and <a href="https://www.bloomberg.com/news/articles/2026-03-11/shell-declares-force-majeure-on-lng-contracts-from-qatar">confirmed by</a> Bloomberg interlocutors.

"The ecosystem has imploded": Shell and Total declare force majeure on LNG supplies from Qatar

Chevron and Shell preparing first deals in Venezuela since Maduro's ouster - Reuters

Eni S.p.A.

Galp Energia, SGPS, S.A.

Wall Street's largest investment bank sees European share prices as "efficient rather than outright overvalued"

JPMorgan bet on Europe's oil and gas majors over Gulf risks

Shell's production growth in the quarter was notably behind US competitors

Shell profits collapse to lowest in five years due to oil prices. What about the stock?

The UK major will release its financial report for the fourth quarter of 2025 on February 10

BP warned of $4-5 billion in write-offs in green energy business

The end of 2025 has become "tough" for the oil giant, says RBC

Shell predicted a deterioration in oil trading results. What does this mean for the stock?

The company has not announced news of the sale of its Castrol lubricants business, an important part of its plan to reduce its multi-billion dollar debt

BP's profits beat expectations. Why are investors selling off the stock?

Production growth and a focus on refining helped offset the fall in hydrocarbon prices

Shell beats profit expectations, Total hits forecast despite falling prices

Weak oil prices signal the start of an era of lower yields across the sector

Oil giant Total has cut its buyback by 25%. What should investors expect?

ExxonMobil appears to be the most resilient of the major Western oil and gas companies so far