
With OPEC+ set to explore the option of additional cuts during their upcoming meeting, a majority of 18 surveyed analysts anticipate that OPEC+ is likely to extend or potentially enhance oil supply cuts into the next year. Furthermore, ongoing OPEC supply cuts, combined with geopolitical factors such as the Israel-Hamas conflict, may heighten the limitations on oil supply.
Given the backdrop, in this article, I have highlighted three oil and gas stocks: Equinor ASA (EQNR), Energy Transfer LP (ET), and Western Midstream Partners, LP (WES), which are well-equipped to capitalize on the industry tailwinds.