- October 7th, 2025
Oil steady after smaller-than-expected OPEC+ output hike
Oil prices were steady on Tuesday as investors assessed a smaller-than-expected November output hike by OPEC+ against the backdrop of oversupply expectations. ›
Oil prices were steady on Tuesday as investors assessed a smaller-than-expected November output hike by OPEC+ against the backdrop of oversupply expectations. ›
Oil prices rose more than 1% on Monday after OPEC+’s planned production increase for November was more modest than expected, tempering some concerns about supply additions, though a soft outlook for demand is likely to cap near-term gains. ›
Oil prices rose 1% on Friday after four straight sessions of declines after a fire broke out at one of the largest refineries on the U.S. West Coast, but were still on track for their steepest weekly fall since late June. ›
Oil prices rose on Thursday following losses in the previous three sessions as the potential for tighter sanctions on Russian crude lent some support, though concerns about oversupply in the market capped gains. ›
Oil prices steadied on Wednesday after falling for two days as investors weighed OPEC+ plans for a larger output hike next month while data from the U.S. and Asia showed signs of demand waning. ›
Oil slid for a second session as the market weighed a looming oversupply. ›
Oil prices dropped on Monday after Iraq’s Kurdistan region resumed crude oil exports via Turkey over the weekend, coupled with OPEC+ plans for another oil production hike in November, adding to global supplies. ›
Oil prices edged up on Friday, on track to climb more than 4% for the week, as Ukraine’s attacks on Russia’s energy infrastructure prompted Moscow to curb fuel exports and brought it close to cutting crude output. ›
Oil prices eased in Asian trade on Thursday, retreating from the previous session’s seven-week high, as investors took money off the table in anticipation of slower winter demand and the return of Kurdish supplies. ›
Oil prices declined for a fifth consecutive session on Tuesday, as a preliminary agreement reached between Iraq and Kurdish regional governments to restart an oil pipeline added to oversupply concerns. ›