GoKawiilOPEC+ subgroup holds oil output steady for November amid Iran war
Seven OPEC+ members — Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman — agreed Sunday not to change production levels for November, as fighting stemming from Iran has pushed Brent crude above $100 a barrel. The group plans to reconvene Nov. 1 to reassess market conditions. Separately, the G7 said Friday it will release 100 million barrels of oil and fuel, with diesel supplies prioritized within 20 days amid record U.S. diesel prices.