Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting

Oil futures fell Friday, booking weekly and monthly losses after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries over a wider conflict that could threaten crude supplies.

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Oil prices end at highest in a week after OPEC+ delays output hike by another month

Oil futures finished sharply higher Monday after OPEC+ said it would wait another month before beginning to unwind voluntary production cuts. Natural-gas prices also rallied as a potential ...
Business - MarketWatch - November 4
Opec+ members delay planned rise in oil production

Cartel to leave output curbs in place an extra month in effort to boost anaemic crude prices
Business - Financial Times - November 3
Oil Jumps as OPEC+ Further Delays Output Hike

Oil prices rose after OPEC and its allies pushed back a planned production increase by a month, signaling caution amid growing concerns about weaker global demand and lower prices.
World - The Wall Street Journal - November 4
With Oil Prices Weak, OPEC Plus Postpones Increases Again

Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday.
Business - The New York Times - November 4
Oil prices end mixed as attention turns to OPEC+ decision on crude production

U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.
Business - MarketWatch - 2 days ago

Oil prices suffer November drop as Middle East fears ease, OPEC+ delays meeting

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Related

Oil prices end at highest in a week after OPEC+ delays output hike by another month

Opec+ members delay planned rise in oil production

Oil Jumps as OPEC+ Further Delays Output Hike

With Oil Prices Weak, OPEC Plus Postpones Increases Again

Oil prices end mixed as attention turns to OPEC+ decision on crude production

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