OPEC+ increased production modestly for November, but a market surplus is expected to subdue price momentum. Oil supply may exceed demand by over 2.5 million bpd in Q4 2025, reducing vulnerability to ...
LONDON/MOSCOW, Oct 5 (Reuters) - OPEC+ will raise oil output from November by 137,000 barrels per day (bpd), it said on Sunday, opting for the same fairly modest monthly increase as in October amid ...