• EOG is trading at $134.74 (+4.13%) in pre-market, gaining significantly.
  • Crude oil prices rose above $69 per barrel on July 7, 2026, after an LNG carrier was struck near the Strait of Hormuz, raising supply concerns and boosting the energy sector.
  • This upward movement occurs despite an unconfirmed report of Scotiabank lowering its price target on EOG to $140 from $150.