OPEC+ is pausing its plans to increase production next year, and while the group will add another 137,000 barrels a day of crude in December, it will then halt any further rises in January, February and March, The Financial Times’ Malcolm Moore reports. The pause is due to “seasonality,” according to the report. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
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