Let’s Make a Deal: Oil Stocks Surge on Reports OPEC to Limit Production
September 28, 2016 at 15:30 PM EDT
Shares of energy stocks, including ExxonMobil ( XOM ), Chevron ( CVX ), Whiting Petroleum ( WLL ), and Devon Energy ( DVN ), are surging on reports that OPEC has agreed to to limit the amount of oil its members produce . Bloomberg's Nayla Razzouk , Grant Smith , and Angelina Rascouet report: