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).
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
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!