– Oil prices edged higher on Tuesday following a decline of over 2% in the previous session for both Brent crude and WTI. Brent futures increased by 27 cents, or 0.3%, reaching $92.44 per barrel by 0330 GMT. Meanwhile, U.S.
VIENNA, November 2, 2025: Eight member countries of the OPEC+ alliance announced on Sunday that they will pause oil production increases during the first quarter of 2026, following a virtual meeting to assess global market conditions and seasonal demand trends.