
BUZZ-Oil producers mixed in 2025 as Brent heads for longest stretch of annual losses

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Shares of oil and gas producers are mixed as Brent crude prices fall nearly 18% in 2025, marking the longest annual decline on record. Mizuho sees long-term value in E&Ps despite oversupply concerns. Energy majors Exxon Mobil and Chevron have seen gains due to acquisitions, while companies like Ovintiv and Occidental Petroleum have struggled, with OXY forecasted for flat production and lower spending in 2026.
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