BUZZ-Oil firms rise as Reuters reports OPEC+ could delay planned output hike in December

Reuters10-30

** U.S.-listed shares of energy companies up premarket, tracking rising oil prices

** Brent crude futures up 1.01% at $71.84/barrel; U.S. West Texas Intermediate crude futures up 1.10% at $67.94/barrel

** Prices receive boost after Reuters reports OPEC+ could delay a planned hike in oil production scheduled to take effect in December by a month or more

** Decision to postpone the hike could come as early as next week - sources told Reuters

** Top oil and gas cos Exxon and Chevron up 0.5% and 0.6%, respectively

** Shares of E&P cos Occidental Petroleum up 0.8%, ConocoPhillips gains 0.7%, Marathon Oil rises 1%

** Shares of oilfield services firms Patterson-UTI Energy

and Baker Hughes rise 1.5% and 0.5%, respectively

** Refiners Valero Energy and Phillips 66 up 0.8% and 1%, respectively

(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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