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SEC NEWS

Crude Breaks $85: OPEC+ Supply Cuts Trigger 5% Weekly Rally

WTI crude to hit $87.50 by Oct 1, up 5.2% on OPEC+ 1.2M bpd cut extension.

Ticker
XOM

Filing analysis

OPEC+ extends 1.2M bpd cuts through Q4 2026, WTI at $83.10. Exxon Mobil (XOM) and Chevron (CVX) gain 3.8% and 4.1% respectively in pre-market.

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Source: Original SEC filing

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