Oil Surplus Glut Shows Signs The Market Is Starting To Shift
Edited By WION Video Desk
Published: Oct 06, 2025, 11:06 IST | Updated: Oct 06, 2025, 11:06 IST
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The oil producing group decided on sunday to increase production only modestly in November. That looks like a healthy compomise between the Saudi Arabia's stance for market share and russia's position to make adjustments to the prodiuction. With oil prices near a four-month low before the group's meeting, the decision seems a middling path for a modest increase in output.
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