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WTI Inches Lower to Near $71.00 Ahead of US Presidential Election
Crude Oil Surges After OPEC Confirms Delay of Supply Restart
UAE: Will increase production even if oil prices fall!
The UAE still plans to increase its oil production to 5 million barrels per day in the coming years.
Crude oil analysis at noon: OPEC delays production increase, market closely watches tomorrow......
Due to OPEC+ deciding to delay the supply restoration by a month, Brent crude oil futures prices rose by over $1 per barrel during the early trading session in Asia.
WTI Moves Above $70.00 After OPEC+ Delay in Output Increase, Eyes on US Election
Crude oil prices are in a slump, OPEC+ once again delays the resumption of crude oil supply.
OPEC+ has agreed to delay the December production increase plan by one month, due to fragile economic outlook and continued struggles in oil prices, marking the organization's second delay in reinstating supply plans.