Energy stocks head into Monday with OPEC+ decision, Iran risk and Big Oil earnings in play
Chevron shares jumped 3.3% and Exxon rose 0.7% Friday after both companies beat quarterly earnings estimates. Oil prices held near six-month highs, with Brent closing at $70.69 a barrel. OPEC+ meets Sunday, with delegates signaling no output hike for March. Investors remain focused on U.S.-Iran tensions and Big Oil’s Venezuela exposure.