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A Reuters survey found OPEC crude output rose by 1.38 million barrels per day in October to 22.87 million barrels per day, led by Saudi Arabia, Kuwait and Iraq. Output remained about 2.61 million barrels per day below its February level, while export and shipping disruptions meant the production recovery did not translate fully into increased international supply.
Higher production could add to crude supply and weigh on prices, but continued export and transport constraints limit the bearish effect. The net price impact depends on how much of the added output can reach buyers.
nangluongquocte.petrotimes.vnYến AnhNov 10, 2026After 171 past bearish report events, Crude Oil (WTI) moved a median -1.5% over 5 sessions (37% higher; middle half -4.8% to +1.9%), and -0.9% over 20.
After 129 past bearish report events, Crude Oil (Brent) moved a median -1.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.4% over 20.
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.
