From Investing.com: 2024-11-04 02:22:00

Oil prices are trading stronger after OPEC+ members delayed a supply increase by one month. The delay means a potential rethink of market strategy. Saudi Arabia’s concerns about market share and compliance led to the decision. October production numbers show a rise in output, with speculators reducing their net long in ICE Brent. European prices fell on reports of a possible deal with Azerbaijan regarding gas supply through Ukraine.



Read more at Investing.com: Crude Oil Rises as OPEC+ Delays Supply Hikes