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A service for global professionals · Tuesday, November 3, 2026 · 954,297,751 Articles · 3+ Million Readers
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OPEC Newswire

  • Published on 19:30 GMT

    OPEC+ set to keep December oil output targets unchanged

    OPEC+ oil producers have agreed in principle to leave their December output targets unchanged, as the group prepares to turn its attention to production policy for 2027 The decision, expected to be confirmed at an online meeting November 1, is in line with …

    Source: Sacramento Sun - California - Pending
  • Published on 14:23 GMT

    UAE capitalises on oil supply disruption after OPEC exit

    LONDON – Six months after leaving OPEC, the United Arab Emirates on Monday began hosting ADIPEC, one of the world’s largest energy conferences, where it told an audience of industry executives it had increased oil exports in spite of the Iran war. The UAE …

    Source: Middle East Online - Indeterminate
  • Published on 21:42 GMT

    Global oil market: Seven OPEC+ countries announce December production decision

    The liveblog has ended. No liveblog updates yet. Load more Facebook Twitter LinkedIn WhatsApp Seven OPEC+ countries have agreed to maintain their oil production levels for December 2026 following a virtual meeting held on Sunday, November 1. The decision …

    Source: Tunisie Numerique - Neutral
  • Published on 12:51 GMT

    Current price of oil as of November 3, 2026

    As of 6:45 a.m. Eastern Time today, oil is trading at $110.45 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $2.15 below yesterday morning’s level and about $45 higher than where it stood a year ago. Oil price per barrel % Change …

    Source: Fortune - Neutral
  • Published on 11:53 GMT

    Iraq’s oil exports rise 9.5% in October

    2026-11-03T08:08:02+00:00 font Enable Reading Mode A- A A+ Shafaq News- Baghdad Iraq’s crude oil exports rose 9.5% in October to 3.35 million barrels per day (bpd), approaching pre-war levels as shipments increased through southern terminals and the …

    Source: Shafaq News - Indeterminate
  • Published on 11:54 GMT

    Basrah crudes drop 5% despite global oil gains

    2026-11-03T06:28:04+00:00 font Enable Reading Mode A- A A+ Shafaq News- Basrah Iraq’s Basrah crude prices fell by around 5% on Tuesday, despite gains in benchmark crude futures. Basrah Heavy crude slid $3.97, or 5.36%, to $70.15 per barrel, while Basrah …

    Source: Shafaq News - Indeterminate
  • Published on 08:15 GMT

    Crude Oil Dips 7% as Peace Talks Ease Middle East Tensions

    By Adedapo Adesanya Crude oil fell more than 7 per cent on Monday as talks between Iranian and ‌Qatari officials lifted hopes for an end to the US-Israel war with Iran, with Brent futures crashing by $8.47 or ​7.47 per cent to $104.96 a barrel, and US West …

    Source: BusinessPost Nigeria - Indeterminate
  • Published on 07:30 GMT

    Bitcoin catches a break from falling oil prices, but OPEC+ raises new Fed concerns

    Bitcoin's recovery faces another inflation test after OPEC+ held December oil production targets steady amid persistent Middle East supply disruptions. Data from CryptoSlate shows that the cryptocurrency climbed around 1% to approximately $78,724 early …

    Source: CryptoSlate - Neutral
  • Published on 07:42 GMT

    Oil prices plunge 6% as US-Iran diplomacy eases supply fears

    Oil prices fell about 6% on Monday as diplomatic efforts to end the US-Iran conflict eased concerns over further disruptions to oil shipments from the Gulf, Anadolu reports. International benchmark Brent crude fell $6.90, or 6%, to $106.50 a barrel as of …

    Source: Middle East Monitor - Indeterminate
  • Published on 07:23 GMT

    Oil falls over 7 pct on hopes for US-Iran talks

    NEW YORK   Oil prices fell more than 7 percent on Nov. 2 as diplomatic efforts between Washington and Tehran eased fears of further disruptions to Middle Eastern supplies. Brent crude futures for January delivery settled $8.66, or 7.6 percent, lower at $ …

    Source: Hurriyet Daily News - Pro-Government
  • Published on 03:56 GMT

    Iran-Qatar Discussions Lead To Drop In Global Crude Oil Price

    Global crude oil prices declined by more than 1 per cent on November 2 as diplomatic discussions between Iran and Qatar raised hopes of progress towards ending the US-Israeli war on Iran. The talks eased some immediate concerns about disruptions to oil …

    Source: Trak.in - Center-right
  • Published on 03:22 GMT

    OPEC+ Countries Maintain Production Levels

    By John Lee. Seven OPEC+ member countries have agreed to maintain their September 2026 production levels for December 2026. The group met virtually on Saturday to review global market conditions, with Iraq's Oil Minister, Bassem Mohammed al-Abadi, in …

    Source: Iraq Business News - Neutral
  • Published on 02:42 GMT

    UAE boosts oil exports after leaving OPEC

    LONDON (Reuters) -- Six months after leaving OPEC, the United Arab Emirates on Monday began hosting ADIPEC, one of the world's largest energy conferences, where it told an audience of industry executives it had increased oil exports in spite of the …

    Source: Korea Herald - Neutral
  • Published on 00:03 GMT

    Oil Is Scarce Now, but Producers Fear a Glut Later

    Three-line summary - War has sent crude prices and refining margins soaring, yet oil majors are holding back on investment over fears of slowing future demand. - OPEC+ also froze its December output target, wary of a crude surplus once the war ends. - With …

    Source: Seoul Economic Daily - Pending
  • Published on Nov 2, 2026

    OPEC-Plus Countries Keep Production Quotas Steady for December 2026

    Seven OPEC-Plus countries have decided to keep their existing oil production quotas unchanged for December 2026. The decision was taken during a virtual meeting held yesterday, where members discussed global oil market conditions and future expectations …

    Source: Chennai Online - Pending
  • Published on Nov 2, 2026

    Crude Oil Slides Nearly 4% as US-Iran Talks Raise Hopes of Peace; Can Supply Risks Keep Prices Elevated?

    Prices for Crude oil is fell sharply on Monday, November 2, as talks aimed at ending the US-Israeli war with Iran raise hopes of reopening the Strait of Hormuz. Brent January futures were down about 3.7% at $109.23 a barrel in early trade, having settled …

    Source: IIFL Capital - Neutral
  • Published on Nov 2, 2026

    Iraq's Oil Exports via Turkey Surge to 500,000 Bpd

    Iraq has boosted its crude oil exports via the Turkish Mediterranean port Ceyhan to 500,000 barrels per day (bpd), as OPEC’s second-largest producer has started trucking Basrah crude to the pipeline system to the north. Iraq has hiked exports from Turkey …

    Source: Oil Price - Neutral
  • Published on Nov 2, 2026

    Oil Prices Plunge 7% as U.S. and Iran Signal Room for Diplomacy

    Oil prices plunged nearly 7% on Monday after Washington and Tehran both signaled they would give diplomacy a chance, wiping out part of the war premium that lifted crude through October. Brent traded at $105.60 per barrel, down $7.85, and WTI fell $7.20 to …

    Source: Oil Price - Neutral
  • Published on Nov 2, 2026

    Oil prices fall over 1% as Iran-Qatar talks raise hopes of diplomatic progress

    Oil tankers transiting the Strait of Hormuz amid concerns over attacks, shipping disruptions and rising global energy costs. | Photo Credit: narvo vexar Oil ​prices slipped more than 1% on Monday ⁠after Iranian and Qatari officials held a third straight …

    Source: The Hindu Business Line - Neutral

06 days 04:06:02

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