OPEC+ has agreed to increase oil output by 137,000 barrels a day in October, partially reversing previous voluntary cuts, The Wall Street Journal’s Guilia Petroni reports. The decision comes amid concerns about a potential supply glut and lower oil prices. 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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