Oil companies rise as investors await OPEC+ meeting outcome

Callon Petroleum Co

30/11/2023 12:11

** U.S.-listed shares of oil companies rise premarket,
tracking oil prices 
    ** Brent crude  LCOc1  climbs 0.8% to $83.74/bbl and U.S.
West Texas Intermediate crude  CLc1  up 0.8% at 78.5/bbl  O/R 
    ** Prices rise as investors eagerly await the outcome of an
anticipated OPEC+ meeting that could lead to deeper supply cuts
in 2024
    ** Energy majors Exxon Mobil  XOM.N  and Chevron  CVX.N 
gain 0.7% and 0.9%, respectively
    ** APA Corp  APA.O , Callon Petroleum  CPE.N , Devon Energy
 DVN.N  and Diamondback Energy  FANG.O  rise between 1.1% and
1.6%
    ** Shares of oilfield services companies Halliburton
 HAL.N , Baker Hughes  BKR.O  and SLB  SLB.N  climb between 0.9%
and 1% 

 (Reporting by Vallari Srivastava)
 ((Srivastava.Vallari@thomsonreuters.com;))