Oil Prices Jump on Geopolitical Tensions: 3 Energy Stocks to Watch

Key Takeaways CVX could benefit from higher crude prices, supported by Permian growth and new assets from the Hess deal.BP is expanding upstream production, with major projects and developments planned through 2026 and 2027.XOM targets upstream output of 5.5M boe/d by 2030, led by low-cost assets in Guyana and the Permian Basin.Global oil prices have rallied in the past week owing to rising geopolitical tensions in the Middle East. The escalating conflict between the U.S. and Iran has effectively blocked oi ...