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Stock impact report

Oil Is Surging Over $60: Grab These Large Cap High-Yield Dividend Energy Giants Now [Yahoo! Finance]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Global oil inventories had been rising, putting downward pressure on prices. At the same time, both OPEC+ and U.S. production were increasing amid relatively stable global oil demand, as OPEC+ sought to regain market share. Some Wall Street banks had expected West Texas Intermediate (WTI) oil prices to remain below $60 for the remainder of 2026, and that may still be the case. With prices slumping dramatically, OPEC+ recently announced plans to unwind its production cuts, with the increases being lower than those initially proposed. Toss in the dramatic recent events in Venezuela and Iran, and the prospects for some of the biggest oil companies could be improving. West Texas Intermediate has traded back above $60 for the first time since early December. Geopolitical hotspots around the world are contributing to the uptick in oil prices. The best way to play energy now is with the mega-cap integrated oil majors. A recent study identified one single habit that doubled Americans' Show less Read more
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