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Oil prices rebounded on October 31 but posted a third straight monthly decline, after a volatile session triggered by reports the US was preparing to attack Venezuela. Trump and Rubio denied an imminent attack, and OPEC+ is expected to raise output again for a ninth month.
Expected OPEC+ increases and analyst oversupply views point to softer crude prices, while Venezuela and Russia sanctions create intermittent supply-risk spikes that feed through to fuel costs.
thenationalnews.comAlvin R CabralOct 31, 2025Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
