OPEC+ has agreed to raise output of crude by a modest 137,000 barrels day in November, The New York Times’ Stanley Reed reports. The group announced the same size increase for October. Publicly traded companies in the space include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Shell (SHEL) and TotalEnergies (TTE).
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BP:
- Looking Slick: Are Energy Stocks Too Cheap to Avoid?
- BP Completes Share Buyback Program in September 2025
- BP Announces Total Voting Rights and Share Capital as of September 2025
- Exxon Mobil Stock (XOM) Slides as it Axes Thousands of Jobs in Cost-Cutting Drive
- Morning Wrap-Up: Monday’s Biggest Stock Market Stories!