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EnergyPre-market

OPEC+ pauses production hikes amid market uncertainties

pre-market1 source ↓written by the desknot a recommendation

closing
$60.98

Oil prices remain under pressure as WTI fell 2.23% this week, closing at $60.98. OPEC+ announced a pause on production hikes, freezing output increases until March 2026. This decision may create a mildly bullish environment if U.S. production declines significantly. The market remains cautious amid ongoing sanctions on Russian energy.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 Nov 2025, 07:13 IST.

Sourcesnews.google.com

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