Oil news
Crude oil headlines from the Newsquawk desk, newest first: OPEC+, inventories, supply and the WTI and Brent settles. Subscribers get them live; this page shows them 20 minutes later.
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Oil in the desk's market notes
- Week in Focus 4-9th October 2026: FOMC Minutes, US ISM Services PMI, OPEC+, Canadian Jobs and ECB Minutes
OPEC+ MEETING (SUN): OPEC+ is expected to keep November production targets unchanged after completing the rollback of its 1.65mln BPD voluntary cuts in September and pausing further increases in October. The JMMC will assess market conditions and compliance before the seven core producers meet to discuss output…
- US Market Open: DXY under mild pressure into NFP; focus on EU proposal to release diesel from stockpiles
Energy complex falls on reports that the EU discussed a proposal to release diesel from stockpiles (Brent -3.2%, EU Gasoil -5.5%).
- EU Market Open: APAC stocks traded mixed following the ultimately choppy performance stateside; Europe looks for a flat/firmer open
Crude futures paused overnight after rallying yesterday in the continued absence of any progress between the US and Iran.
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