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An oil refinery.
Posted inBREAKING NEWS

Brent Oil Posts Biggest Weekly Drop in Years on Peace Bets

An oil refinery. Photo: Walter Siegmund, CC BY 2.5, via Wikimedia Commons. Brent crude has posted its steepest weekly decline in years, settling at $98.32 a barrel on Friday after…
Posted by ReportRig.com November 8, 2026
An oil pumpjack operating at a well in the Permian Basin
Posted inNews

OPEC+ Holds December Oil Output Steady Into 2027 Talks

OPEC+ December output targets will stay unchanged, the oil producers' alliance agreed in principle at an online meeting on Sunday, setting up a far more consequential negotiation over 2027 quotas.…
Posted by ReportRig.com November 2, 2026
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