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OPEC+ crude output rose 2.04 million bpd to 41.23 million in October, led by Saudi Arabia, according to the OPEC monthly report. Brent settled at $91.49 on November 10 after touching $89.16, its first dip below $90 since August.
A large recovery in OPEC+ supply pushes crude lower, easing energy costs for feed production and transport, though Hormuz risks persist.
Not 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.