# Oil prices steady despite OPEC+ plans to pause output increases | Reuters

> Oil prices held steady after OPEC+ approved a supply increase while also planning to pause further output hikes. Brent settled at $64.89 and WTI at $61.05, each up roughly 0.1-0.2%.

- Date: 2025-11-03 · published 2025-11-03T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/22102-oil-prices-steady-despite-opec-plans-to-pause-output-increases-reuters
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Stable crude prices mean no new energy-cost shock for feed buyers, and the OPEC+ pause signals limited near-term supply growth.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- reuters.com: https://www.reuters.com/business/energy/oil-extends-gains-after-opec-pauses-q1-output-hikes-2025-11-03/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
