SPDR Dow Jones Industrial Average ETF

SPDR S&P 500 ETF Trust

Invesco QQQ Trust Series 1

A project grown out of the community's love and passion for the weed culture. Launched around early 2025, $weedcoin, “Like Bitcoin but way higher,” emphasizes its alignment with cannabis culture and a laid-back vibe. Unlike other Weed communities, this project leans heavily into community engagement over technical utility, aiming to build a “stoner community” through social media presence and decentralized governance. We also aim to focus on onboarding web2 businesses and users onto web3 through the token.

Weedcoin

Weedcoin is gaining traction within the crypto community, with discussions focusing on its cultural significance and potential. Community members are actively sharing links to the Weedcoin website and DEX Screener, while emphasizing the importance of embracing and preserving the "culture." The coin is presented as more than just a cryptocurrency, but rather a movement.

$WAGMI is a community-driven meme token built on the Solana blockchain, designed to bring positivity, unity, and humor into the crypto space. The project encourages community engagement through memes, social interaction, and token-based activities. It leverages Solana’s fast and low-cost infrastructure to allow for smooth on-chain interactions, such as token transfers, community games, and NFT integration. The goal is to foster a fun, inclusive ecosystem where holders feel they are part of a larger movement – "We Are Gonna Make It."

WAGMI

WAGMI is trending as the community rallies around its positive narrative and long-term vision, emphasizing conviction and community support. Bullish sentiment is fueled by the token's strong community and a belief that it's poised for significant growth, particularly within the Solana ecosystem. Discussions also highlight anticipation for potential listings and the project's alignment with broader crypto trends.

"What's Updog?" is a Community Led token.

UpDog

$UPDOG is trending as the community celebrates its joke-inspired meme-coin status and continued presence on the Solana network. Active discussions revolve around the classic "What's Updog?" joke, with the community emphasizing its commitment and longevity in the crypto space, particularly its listing on Jupiter.

Valvoline, Inc. engages in the production, marketing, and supply of engine and automotive maintenance products and services. It operates through the Retail Services segment. The Retail Services segment services the passenger car and light truck quick lube market in the US and Canada with preventive maintenance services done through company operated and independent franchise care stores. The company was founded by John Ellis in 1866 and is headquartered in Lexington, KY.

Valvoline Inc

Valvoline is trending as community members discuss the company's potential for growth, driven by expansion plans including store openings and electric vehicle services. Some see it as a safe, long-term hold with the potential to test all-time highs. Bullish sentiment is fueled by analysis suggesting healthy financials and upcoming catalysts.

Reactive Network is the first parallelized interoperability execution layer, utilising a new form of smart contract we call reactive smart contracts.   Reactive smart contracts are able to react to on-chain events autonomously and execute their own user defined logic to initiate new transactions. This allows a virtually limitless number of use cases to achieve fully decentralized on-chain automation.

Reactive Network

Reactive Network is trending as the community anticipates the sunsetting of $PRQ, expecting it to remove arbitrage pressures and allow $REACT to trade more freely.  Enthusiasm is building around potential tier-1 exchange listings and the project's cross-chain smart contract technology, with some community members drawing comparisons to early-stage, high-potential cryptos. Bullish sentiment is fueled by recent integrations and partnerships, as well as a growing number of watchers.

Grayscale Ethereum Trust (ETH) operates as open-end investment company. Its investment objective is for the shares to reflect the value of ETH held by the trust. The company was founded on December 13, 2017 and is headquartered in Stamford, CT.

Grayscale Ethereum Mini Trust ETF - Common units of fractional undivided beneficial interest

Grayscale Ethereum Mini Trust

Grayscale Ethereum Mini Trust ($ETH) is trending amidst fluctuating market conditions, as the community discusses its potential and key support levels. Community members are closely watching for a breakout past all-time highs, fueled by institutional interest and potential rate cuts, while also debating its relationship with other cryptocurrencies and treasury plays. Recent news of large Ethereum purchases, BlackRock's activity, and regulatory developments are adding to the buzz.

$GRIPPY is the sticky meme frog of Base — goofy, wholesome, and powered by pure meme energy.   Inspired by Furie-style chaos and community culture, Grippy isn’t just another frog, he’s a sticky symbol of resilience, humor, and diamond-handed holding. Built with zero taxes, a renounced contract, and liquidity locked, $GRIPPY launched as a true fair-play meme coin for the people.  The project thrives on organic growth, viral campaigns, and community-driven governance. With staking pools, a Grippy Dashboard, and merch/NFT drops in the roadmap, $GRIPPY is here to stick as Base’s No. 1 meme.

GRIPPY

Grippy is trending as community members discuss its potential, low market cap, and availability on Coinbase. Speculation around upcoming listings on Bitmart and Pionex, along with a potential partnership, is fueling excitement. Comparisons to other meme coins like Doge and Shiba Inu are also circulating.

Hydrex is the MetaDEX & Liquidity Infrastructure purpose-built for Base. By combining automated strategies, liquid-backed tokenomics, and Base's powerful distribution channels, Hydrex removes the barriers to yield. It's designed as a coordination system where weekly community governance directs HYDX emissions & protocol revenue. Value flows to where liquidity and volume are most productive, based on protocol alignment.

Hydrex

Hydrex ($HYDX) is trending as a potential competitor to $AERO, with community members highlighting its recent launch on Base as a DUNA and locked tokenomics. Discussion centers on its potential for significant gains, driven by social media activity and comparisons to a larger market cap project, while some investors are drawn to its long-term potential.

Baby Doge Coin is a meme cryptocurrency designed to be deflationary and more scarce over time. All holders of Baby Doge will earn more baby doge that is automatically sent to your wallet by simply holding Baby Doge coins in your wallet. Watch the amount of baby doge grow in your wallet as baby doge coin holders automatically receive a 5% fee from every on chain transaction that happens on the Baby Doge ecosystem. The community receives more baby doge coins from the fees generated each transaction.

Baby Doge Coin

Baby Doge Coin is gaining traction as the community anticipates potential listings on major exchanges like Coinbase and Crypto.com, speculating this could trigger a significant price surge. Fueling the excitement is the coin's impressive trading volume and the ongoing bullish sentiment surrounding meme coins.

$LEASH is the second token in the Shiba Inu Ecosystem. It was originally envisioned to be a rebase token tied to the price of DogeCoin. Later, it was decided that Leash would turn off the rebase function (the keys to allow rebase were burnt to ensure this) and continue as a simple ERC-20 Token.   Though simple, the fact that LEASH’s tokenomics are the polar opposite of SHIB makes it even more intriguing.   SHIB was made to have an enormous supply of (1 quadrillion tokens) with half locked away, whereas the supply of Leash is only 107,647 minted tokens.

Doge Killer

LEASH is trending as community members express frustration and disappointment, with some labeling the project a scam or rug pull. The discussions revolve around the perceived failure of the token, significant price drops, and concerns about funds being extracted from the ecosystem.  However, some community members remain optimistic and highlight the token's limited supply.

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Nifty 50

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The SPDR Energy Select Sector SPDR Fund (XLE), which tracks energy firms in the S&amp;P 500, has declined 3.9% this week amid a weakness in oil prices.The ETF, which has approximately $26.52 billion in assets under management, is on track to record its worst weekly decline since late May. The declines follow a more than 7% drop in both Brent crude and West Texas Intermediate crude prices this week, due to concerns about oversupply. Retail sentiment on Stocktwits about the <a href="https://stocktwits.com/symbol/XLE">XLE ETF</a> was in the ‘neutral’ territory at the time of writing.<figure class="image"><img style="aspect-ratio:794/99;" src="https://news.stocktwits-cdn.com/XLE_Oct_JPG_1ec2500991.webp" alt="XLE’s Sentiment Meter and Message Volume as of 04:35 a.m. ET on Oct. 3, 2025 | Source: Stocktwits" width="794" height="99"><figcaption>XLE’s Sentiment Meter and Message Volume as of 04:35 a.m. ET on Oct. 3, 2025 | Source: Stocktwits</figcaption></figure>Oil prices have been pressured this week after reports said that OPEC+ and its allies could raise output by 500,000 barrels per day. The producer group has already brought back 2.5 million barrels per day (bpd) worth of nameplate capacity this year, which has pushed oil prices lower.“If OPEC+ does go ahead and announce a 500,000 bpd increase this weekend, it’s likely a big enough increase to send crude oil lower again, initially to support at $58.00, before a test of this year’s lows $55.00 area,” IG analyst Tony Sycamore said. Concerns over the U.S. government shutdown curtailing economic activity and the resumption of Iraq’s Kurdish oil exports are also weighing on the crude price, he added.Among individual stocks, Occidental Petroleum has fallen 6.8% this week, following its agreement to sell its Oxychem unit to Warren Buffett’s Berkshire Hathaway for $9.7 billion. However, analysts were not enthusiastic about the mega deal due to its timing.Roth MKM analysts stated that while the sale would help the oil and gas producer reduce its debt, it could negatively impact free cash flow growth in the coming years, as the unit was expected to contribute significantly to expansion.However, HSBC analysts upgraded the stock to 'buy' from 'hold' after noting that the share pullback from disappointment in the OxyChem sale price "presents a great buying opportunity."Separately, oil prices edged higher on Friday following a fire at a Chevron refinery in Los Angeles County. While authorities stated that they were able to contain the fire in a specific section of the refinery, the extent of the damage to the refinery could not be ascertained yet.The refinery is the second-biggest by capacity in California, and any prolonged shutdown is expected to cause a spike in fuel prices on the West Coast.Also See: <a href="https://stocktwits.com/news-articles/markets/cryptocurrency/bitcoin-analyst-says-not-far-away-from-new-all-time-highs/chCuQuiR3fq">Bitcoin Hovers Near $120K — Analyst Says Not ‘Far Away’ From New All-Time Highs</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

An oil pump jack at a drilling site for oil, an oil field in Saskatchewan. 

This Energy ETF Is Heading Toward Its Worst Week In Four Months — Can A Late Rebound Save The Day?

The declines follow a more than 7% drop in both Brent crude and West Texas Intermediate crude prices this week, due to concerns about oversupply.

Equity

Occidental Petroleum Corp. (OXY) stock climbed over 1% in Tuesday’s after-hours session, as traders reacted to reports that the oil and gas exploration and production company was in talks to sell its petrochemical business, OxyChem, to Warren Buffett-led Berkshire Hathaway, Inc. (BRKA) (BRKB).<a href="https://stocktwits.com/symbol/OXY">Occidental Petroleum’s stock</a>, which had fallen sharply in the mid-session, cut its losses amid the broader market recovery and the deal speculation.&nbsp;It ended the session 1.77% lower. A Wall Street Journal report,&nbsp;citing information from unnamed sources and published just before the market closed,&nbsp;<a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/business/deals/berkshire-hathaway-occidental-petroleum-deal-80a78f2e">stated</a> that Berkshire Hathaway was considering buying OxyChem for about $10 billion,&nbsp;with the deal expected to be announced within days. Incidentally, a Financial Times report raised the prospect of an&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/occidental-petroleum-stock-in-focus-as-oil-firm-looks-to-sell-oxychem-unit/chDMN4hR37T">OxyChem sale</a> earlier this week.Occidental Petroleum’s OxyChem business manufactures chemicals used in applications including chlorinating water, recycling batteries, and producing paper. It raked in sales of $5 billion for the 12 months ended June,&nbsp;according to the Journal’s report.If the talks bear fruit,&nbsp;the OxyChem deal would be Berkshire Hathaway’s second-largest in the chemicals sector, after the latter’s 2011 acquisition of Lubrizol. It would also mark the Buffett-led company’s biggest deal since 2022, when it announced a $11.6 billion deal to buy insurer Alleghany.Berkshire Hathaway holds a substantial stake (27% of the outstanding shares) in Occidental Petroleum, acquired over time. Buffett first became involved with the oil and gas company in 2019, when it was preparing a competing bid for Anadarko Petroleum. Berkshire Hathaway agreed to buy $10 billion in preferred shares of the company to facilitate the bid.<figure class="image"><img style="aspect-ratio:616/53;" src="https://news.stocktwits-cdn.com/Screenshot_2025_09_30_at_10_21_20_PM_png_df88ac45bb.webp" alt="Screenshot 2025-09-30 at 10.21.20 PM.png" width="616" height="53"><figcaption>OXY sentiment and message volume as of 10:20 p.m. ET, Sept. 30, 2025 | source: Stocktwits</figcaption></figure>On Stocktwits, Occidental Petroleum was among the top 20 trending equity tickers as of late Tuesday. Retail sentiment toward the stock improved to ‘extremely bullish’ (82/100) by late Tuesday, from ‘bullish’ the day before. The message volume on the stream remained at ‘high’ levels.Occidental Petroleum stock has lost about 3% this year amid the retreat in oil prices that has dented its margin and a heavy debt load.For updates and corrections, email newsroom[at]stocktwits[dot]com.Read Next:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/nvidia-market-capitalization-crosses-4-point-5-trillion-as-ai-momentum-gains-pace/chDDiImR391">Nvidia’s Market Cap Crosses $4.5 Trillion As AI Momentum Gains Pace</a>

In this photo illustration, the Occidental Petroleum company logo is seen displayed on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images)

Why Occidental Petroleum Stock Rose In After-Hours Today?

A Wall Street Journal report stated that Berkshire Hathaway was considering buying  OxyChem for about $10 billion, and the deal could be announced within days.

ExxonMobil (XOM) CEO Darren Woods reportedly met with Mozambique President Daniel Chapo on the sidelines of the United Nations General Assembly to seek security assurances for a proposed $30 billion gas terminal in the African nation.According to a Financial Times <a class="st-link-external" target="_blank" rel="noopener noreferrer nofollow" href="https://www.ft.com/content/e75c579b-7d3c-4128-b584-2adb4e4c22eb">report,</a> Woods spoke with Chapo about an armed insurgency in Mozambique’s north-eastern Cabo Delgado region, where Exxon is planning to build the largest liquefied natural gas facility in Africa.The oil major and its Italian partner, Eni, are jointly developing the Rovuma LNG project, with Exxon leading the construction and operation of the onshore liquefaction facilities and related infrastructure.However, in 2021, an attack by Islamic State-linked militants at a nearby town forced Exxon to delay taking a final investment decision on the giant project. France’s TotalEnergies, which operates the Area 1 Mozambique LNG plant, declared force majeure following the attacks. Exxon also took a hit as it was jointly developing common facilities with the Paris-based firm, such as an LNG jetty and offloading facility.Woods and Chapo also reportedly discussed plans by TotalEnergies to resume work on the Area 1 LNG plant. Total is reportedly looking to restart the project as the energy firm sees improvement in the security situation in the region. Last year, Exxon delayed its final investment decision on the Rovuma LNG project from late 2025 to 2026.“We strongly believe that the ExxonMobil project, if implemented, will make a huge difference in the economy of Mozambique and, as a consequence, in the life of Mozambicans,” Chapo told FT.Retail sentiment on Stocktwits about <a href="https://stocktwits.com/symbol/XOM">Exxon stock</a> was in the ‘bullish’ territory at the time of writing.<figure class="image"><img style="aspect-ratio:793/99;" src="https://news.stocktwits-cdn.com/Xom_sept_29_JPG_5545833569.webp" alt="XOM’s Sentiment Meter and Message Volume as of 01:07 a.m. ET on Sept. 30, 2025 | Source: Stocktwits" width="793" height="99"><figcaption>XOM’s Sentiment Meter and Message Volume as of 01:07 a.m. ET on Sept. 30, 2025 | Source: Stocktwits</figcaption></figure>Mozambique currently holds one of the world's largest natural gas deposits. Exxon and Total are banking on a growing LNG demand globally, alongside the facilities’ unique location between Asia and Africa.However, the facilities have faced challenges with receiving funding, as some banks refused to lend for fossil fuel development projects. The FT report stated that forces from Mozambique and Rwanda have sought to bolster security near the Afungi Peninsula, where the projects are located. However, there has been an increase in violence across the vast Cabo Delgado region.Exxon stock has gained 5.5% this year.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/boeing-stock-in-focus-on-plans-for-737-max-successor-to-beat-airbus/chDwwgRR3JM">Boeing Stock In Focus On Plans For 737 Max Successor To Beat Airbus</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

 The CEO of Exxon Mobil Corporation, Darren Woods during the Qatar ExxonMobil Open at Khalifa International Tennis and Squash Complex on February 22, 2025 in Doha, Qatar.

ExxonMobil Seeks Security Assurances For $30B Mozambique LNG Project From President Chapo: Report

In 2021, an attack by Islamic State-linked militants at a nearby town forced Exxon to delay its plans.

4 Reasons for Q4 to Start on a Strong Note: ETFs to Play 

Bet on Wall Street Q4 tailwinds -- strong GDP data, holiday sales, AI boom & earnings growth. These have put the spotlight on IWM, XLF, XLY & XLE.

ConocoPhillips (COP) Chief Executive Ryan Lance reportedly told employees&nbsp;on Thursday that the decision to lay off as much as 25% of the workforce stemmed in part from the company losing competitiveness as it focused on acquiring smaller rivals.<a href="https://stocktwits.com/symbol/COP">ConocoPhillips’ stock</a> fell more than 3.5% in Friday afternoon trading, extending its weekly decline to about 6.7% on the layoff&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/conoco-phillips-to-lay-off-up-to-25-precent-of-its-workforce/chwcTx7Rdob">announcement</a>. However, retail sentiment on Stocktwits around the oil and gas producer moved higher within the ‘bullish’ zone over the past week."The cost and the whole competitiveness of the company probably took a backseat to those initiatives and those things we were doing for very real reasons, important reasons for the company," Lance said in a recording of the town hall,&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/business/world-at-work/i-fault-myself-not-paying-more-attention-conoco-ceo-tells-employees-facing-deep-2025-09-05/">cited</a> by Reuters. The report stated that the town hall meeting took place a day after the company announced the layoffs, which are part of a broader restructuring aimed at reducing costs.&nbsp;"I fault myself for not paying attention and keeping the other things sort of centered and important," added Lance. "We probably backslid a little bit in the cost effort... maybe we should have been smarter about how we did it."&nbsp;Last year, the company bought Marathon Oil for $22.5 billion. In 2021, ConocoPhillips acquired Concho Resources for $9.7 billion and bought Permian assets from oil major Shell (SHEL) for $9.5 billion.&nbsp;The energy industry has undergone the largest consolidation in a generation over the past two years, according&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.ey.com/en_us/newsroom/2025/08/consolidation-reshapes-the-us-oil-and-gas-industry">to</a> EY. Other oil companies have also been laying off employees to save costs. Earlier this year, in February, Chevron (CVX) announced that it would be&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.bbc.com/news/articles/c8ed3n1zw05o">reducing</a> its workforce by 15% to 20% by 2026. Last year, Shell&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://finance.yahoo.com/news/shell-plans-20-cut-workforce-130600502.html">laid off</a> around 20% of its workforce.&nbsp;Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/bessent-says-fed-must-change-course-to-preserve-independence/chwI13sRdqQ">Bessent Reportedly Says Fed Must Change Course To Preserve Independence</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Ryan M. Lance, Chairman & CEO of ConocoPhillips, speaks during the Global Energy Supplies & Security session of the Qatar Economic Forum 2025 in Doha, Qatar, on May 20, 2025. (Photo by Noushad Thekkayil/NurPhoto via Getty Images)

ConocoPhillips CEO Reportedly Says M&A Focus Hurt Competitiveness, Leading To Jobs Cuts – ‘I Fault Myself’

CEO Ryan Lance said he faults himself for not paying attention, adding that the company should have been smarter about how it approached its acquisitions.

Exxon Mobil (XOM) is reportedly looking to sell its European chemical plants as the sector is grappling with higher U.S. tariffs and intense competition from producers in China.According to a report by the Financial Times, Exxon has held early-stage discussions with advisers in recent weeks on possible sales, which could fetch up to $1 billion.The supermajor is specifically weighing the sale of its plants in the UK and Belgium, the report stated. The company owns an ethylene plant in the Scottish town of Fife, alongside multiple production sites in Belgium. The company had also discussed just shutting them down.However, the report mentioned that there was no guarantee a deal would materialize and Exxon could choose to retain the facilities. If the Houston-based company goes through with the sale, it will join another U.S. firm, LyondellBasell, which has decided to offload four struggling production facilities on the continent.Retail sentiment on Stocktwits about <a href="https://stocktwits.com/symbol/XOM">Exxon</a> was in the ‘neutral’ territory at the time of writing.<figure class="image"><img style="aspect-ratio:797/96;" src="https://news.stocktwits-cdn.com/XOM_Sept_4_JPG_4ef01009c1.webp" alt="XOM’s Sentiment Meter and Message Volume as of 02:28 a.m. ET on Sept. 4, 2025 | Source: Stocktwits" width="797" height="96"><figcaption>XOM’s Sentiment Meter and Message Volume as of 02:28 a.m. ET on Sept. 4, 2025 | Source: Stocktwits</figcaption></figure>For years, chemical producers have struggled to cope with rising energy and feedstock costs alongside intense competition from Chinese producers. In the first quarter, Europe’s chemical capacity utilization stood at 74%, significantly below the EU’s long-term average. Chemicals production in the 27-nation block has trailed behind the U.S. for the last three years.While major EU economies are still struggling to gather momentum, U.S. President Donald Trump’s 15% tariffs have further made EU exports uncompetitive across the Atlantic.Exxon, which has frequently criticized Brussels for its policies, had said in May that it was in exclusive talks to sell its controlling stake in French fuel unit Esso SAF, as well as its wholly owned chemical business in the country to North Atlantic France SAS, a unit of Canadian fuel retailer North Atlantic.Exxon shares have gained 3.4% this year.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/trump-s-white-house-backs-off-from-wto-funding-cuts-after-criticism/chw5uvHRdoF">Trump’s White House Backs Off From WTO Funding Cuts After Criticism</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

 In this photo illustration, the logo of ExxonMobil is displayed on the screen of a tablet. (Photo Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images)

Exxon Weighs Sale Of European Chemical Units Worth Up To $1B Amid Tariffs, China Pressure: Report

Plants in Fife and Belgium could be on the block, but the outcome remains uncertain, according to the FT.

Should You Invest in the Energy Select Sector SPDR ETF (XLE)?

Oil prices slipped in Asia trading hours on Monday after OPEC+ once again decided to significantly raise output amid concerns over the health of the U.S. economy, the top oil consumer.Brent crude prices slipped 0.5% at $69.33 per barrel, while U.S. West Texas Intermediate (WTI) crude prices fell 0.5% at $67 per barrel. However, retail sentiment on Stocktwits about the United States Oil Fund (USO) was still in the ‘bullish’ territory at the time of writing.The Organization of the Petroleum Exporting Countries (OPEC) and its allies, including Russia, said on Sunday that they would increase September production by 547,000 barrels per day (bpd) compared to August, the latest in a series of output hikes as they attempt to regain market share. The group noted that the decision was taken due to a steady “global economic outlook and current healthy market fundamentals.”While summer demand has remained strong in the Western Hemisphere, analysts predict that oil supply will outpace demand by year-end. Both future contracts had fallen by over $2 on Friday, after the soft U.S. jobs data had signaled raised concerns over oil consumption in the world’s largest economy.According to a Reuters <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/business/energy/oil-slips-opec-proceeds-with-september-output-hike-2025-08-03/">report</a>, Goldman Sachs analysts noted that the actual supply boost from the eight OPEC+ countries stands at about 1.7 million bpd, or about two-thirds of announced capacity, as other group members have looked to cut capacity to compensate for overproducing earlier."While OPEC+ policy remains flexible and the geopolitical outlook uncertain, we assume that OPEC+ keeps required production unchanged after September," the analysts reportedly said in the note before adding that the rise in non-OPEC production will likely not leave much scope for extra OPEC+ barrels.However, potential penalties on the buyers of Russian crude could still crimp supplies and provide a boost to oil prices. According to reports, Indian officials have not instructed refiners to stop buying Russian oil despite threats by U.S. President Donald Trump to impose additional 100% levies.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/asian-economies-brace-for-export-hit-as-us-tariff-effects-begin-to-bite/chrX2aoRdR9">Asian Economies Brace For Export Hit As US Tariff Effects Begin To Bite</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

Oil pumping units are seen as the results of the first quarter of 2025, 8.3 million tons of oil are produced in the Republic of Tatarstan on July 14, 2025.

Oil Prices Dip As OPEC+ Set To Boost September Output Amid U.S. Economic Jitters

Brent crude prices slipped 0.5% to $69.33 per barrel, while U.S. West Texas Intermediate (WTI) crude prices fell 0.5% to $67 per barrel.

Oil prices rose in early trading on Monday, aided by optimism surrounding the trade deal between the U.S. and the European Union, amid hopes of an extension of the tariff truce between Beijing and Washington, D.C.Benchmark Brent crude prices rose nearly 1% to $69.08 per barrel, while West Texas Intermediate crude prices gained 0.8% at $65.58 per barrel at 2.30 a.m. ET. Retail sentiment on Stocktwits about the <a href="https://stocktwits.com/symbol/USO">United States Oil Fund</a> (USO) was in the ‘neutral’ territory at the time of writing.The EU agreed to a baseline tariff of 15% for its exports to the U.S., including automobiles. The 27-nation bloc also agreed to American energy products worth $750 billion and pledged to invest $600 billion in the U.S. The deal alleviated some concerns about a slowdown in economic growth, as the EU is Washington's largest trading partner.Separately, U.S. and Chinese officials will meet in Stockholm to extend a tariff truce beyond the Aug. 12 deadline. Key topics of discussion include how long the tariff truce will last, U.S. levies linked to fentanyl trafficking, and China’s imports of sanctioned oil from Russia and Iran. Trump said on Sunday that his administration was “very close” to securing a trade deal with China.However, the prospect of rising oil supplies was weighing on prices. The market monitoring panel for the Organization of the Petroleum Exporting Countries and its allies is scheduled to meet on Monday at 1200 GMT. A Reuters report said that while it is unlikely to recommend altering existing plans by eight members to raise oil output by 548,000 barrels per day in August, a change cannot be ruled out yet.“The market has largely taken rising OPEC+ production in stride, but there may still be some point where one barrel too many does tip the market lower,” said energy market analyst Tim Evans in a note.Also See: <a href="https://stocktwits.com/news-articles/markets/equity/thousands-of-dominion-energy-customers-in-virginia-remain-without-power-after-storms/choeQAYR5DI">Thousands Of Dominion Energy Customers In Virginia Remain Without Power After Storms</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

In an aerial view, the LyondellBasell Houston refinery is seen at sunset on June 18, 2025 in Houston, Texas.

Oil Prices Gain After US-EU Trade Deal Spurs Growth Optimism, China Talks In Focus

Benchmark Brent crude prices rose nearly 1% to $69.08 per barrel, while West Texas Intermediate crude prices gained 0.8% at $65.58 per barrel at 2.30 a.m. ET.

Chevron (CVX) has reportedly received approval from the Trump administration to restart pumping oil in Venezuela.&nbsp;<a href="http://stocktwits.com/symbol/CVX">Chevron’s stock</a> gained 1.2% in midday trade on Thursday. On Stocktwits, retail sentiment moved higher within the ‘bullish’ zone.According to a&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.wsj.com/world/americas/trump-administration-greenlights-chevron-to-resume-pumping-oil-in-venezuela-0353262b">report</a> by The Wall Street Journal (WSJ), the agreement’s terms remain unclear. It noted that the development comes after President Donald Trump and Secretary of State Marco Rubio’s recent discussions with Venezuela, which resulted in the release of 10 detained Americans in the country.&nbsp;“Chevron conducts its business globally in compliance with laws and regulations applicable to its business, as well as the sanctions frameworks provided for by the U.S. government, including in Venezuela,” Chevron spokesman Bill Turenne told The WSJ.Chevron had been one of the main oil producers in Venezuela, operating through joint ventures with the state-owned oil company PDVSA.Earlier this year, the Trump administration revoked Chevron’s licenses to operate and export crude oil from Venezuela, citing the country’s failure to meet democratic electoral conditions and to let migrants return to the U.S. The revocation of those licenses had forced Chevron to wind down its operations in Venezuela.&nbsp;Venezuela&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/sustainability/chevron-terminates-contracts-will-keep-staff-venezuela-sources-say-2025-05-28/">reportedly</a> canceled scheduled crude cargoes to Chevron due to payment uncertainties linked to U.S. sanctions, further complicating operations.Meanwhile, the company&nbsp;<a target="_blank" rel="noopener noreferrer nofollow" href="https://www.reuters.com/sustainability/chevron-terminates-contracts-will-keep-staff-venezuela-sources-say-2025-05-28/">reportedly</a> wrapped up its oil production, service, and procurement contracts in the country by May, delegating governance of the joint ventures to PDVSA and keeping its local staff employed under limited U.S. authorization.&nbsp;Chevron’s stock has gained more than 6% this year so far and barely 1% in the last 12 months.Read also:&nbsp;<a href="https://stocktwits.com/news-articles/markets/equity/trump-asserts-he-doesnt-intend-to-destroy-elon-musk-companies/ch8yy9CR5H1">Trump Asserts He Doesn’t Intend To ‘Destroy’ Elon Musk’s Companies, Wants US Firms To ‘Thrive’</a>For updates and corrections, email newsroom[at]stocktwits[dot]com.

A Chevron gas station is shown on October 23, 2023 in Austin, Texas. (Photo by Brandon Bell/Getty Images)

Chevron Gets Trump Administration’s Nod To Resume Oil Production In Venezuela: Report 

According to a report by The Wall Street Journal (WSJ), the agreement’s terms remain unclear. 

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