Brent posts largest weekly drop since COVID as Trump softens Iran stance
Published 2 d ago10 sourcesEvidence: Reported
OPEC+ crude production increased by 1.94 million barrels per day in October to 32.8 million bpd, yet remained 3.39 million bpd below its target, per an OPEC report. The persistent shortfall suggests ongoing compliance issues or capacity constraints among members, which could tighten global supply. This deviation from target may influence oil price expectations and OPEC+ policy decisions.
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