OPEC+ Gathers Today: Oil Markets on Edge Amidst Supply Hike Debate
OPEC+ Gathers Today: Oil Markets on Edge Amidst Supply Hike Debate Oil markets are closely watching today’s virtual meeting of OPEC+ key producers, as speculation mounts over a potential increase in crude oil supply for November. Anonymous Reuters sources are once again at the center of the chatter, indicating a significant supply hike is being considered, a narrative that has already sent Brent crude prices down over 7% this week. Reports suggest Saudi Arabia is advocating for a substantial increase,…