What’s going on with energy stocks today? Unless you’ve been entirely offline on Wednesday, OPEC hosted an October meeting. The 45th Meeting of the Joint Ministerial Monitoring Committee and the 33rd OPEC and Non-OPEC Ministerial Meeting occurred in person at the OPEC Secretariat in Vienna, Austria.
This was the first in-person meeting since March 2020 and shook up markets on Wednesday. The decision was made for OPEC+ nations to cut their oil production by 2 million barrels per day, which helped spark bullish price movement in oil prices and energy penny stocks.
Against this backdrop, here are some energy penny stocks to watch today.
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