OPEC+ oil output rises 2.04 million barrels per day in Oct as Saudi Arabia leads recovery amid West Asia crisis

OPEC and its partner countries recorded a sharp recovery in oil production in October, led by Saudi Arabia, even as global oil markets continued to face heightened uncertainty…

OPEC and its partner countries recorded a sharp recovery in oil production in October, led by Saudi Arabia, even as global oil markets continued to face heightened uncertainty amid the ongoing West Asia crisis. Crude oil prices cooled but still elevated despite a recent easing in international benchmarks.