3 Oil Stocks to Watch as Storylines Simmer
ConocoPhillipsConocoPhillips(US:COP) Schaeffers Investment Research·2025-12-01 18:26

Oil stocks are in focus this week, as crude prices wrangle with a slew of geopolitical developments. In the Black Sea, the Caspian Pipeline Consortium halted exports after a Ukraine drone attack. U.S.-Venezuela tensions are simmering and could impact about supply, while last month OPEC+ agreed to leave oil output levels unchanged for the first quarter of 2026. Through it all, January-dated crude was last seen up 1% at $59.11. President Donald Trump's envoy Steve Witkoff will head to Moscow and Ukrainian lea ...