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Seven OPEC+ countries boost oil production by 1.976 mln bpd in October

Among the seven countries, Saudi Arabia saw the largest increase in oil production in October, raising its output by 1.182 million bpd to 9.194 millio...

Nov 11, 2026 · Staff
Originally on Wedgetail
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Chile Is in Recession, But Will Rebound, Says Finance Minister Quiroz

Chile Finance Minister Jorge Quiroz conceded that the economy is in a recession, but says growth will rebound to about 4% in 2028. Quiroz says tax cut...

Nov 11, 2026 · Staff
Originally on Wedgetail
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Chile Trucker Protest Over Fuel Prices Imperils Farm Exports

A protest by truckers and regional buses over fuel prices and roadway tolls was snarling traffic across Chile on Wednesday, threatening exports of fre...

Nov 11, 2026 · Staff
Originally on Wedgetail
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Virgin Atlantic Cuts Winter Capacity on Fuel Costs, Soft Demand

Virgin Atlantic Airways Ltd. is cutting capacity as the UK carrier grapples with higher oil prices and softened demand.

Nov 11, 2026 · Staff
Originally on Wedgetail
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Russia increases oil production by 41,000 bpd in October — OPEC

The figure increased to 8.668 million bpd

Nov 11, 2026 · Staff
Originally on Wedgetail
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Cost of Russian gas, rising demand, situation in Europe: what we know

Hungary’s Prime Minister Peter Magyar said that his government does not consider Russian gas to be cheap and continues to look for alternative sources...

Nov 11, 2026 · Staff
Originally on Wedgetail
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Anthony Albanese fails to mention fossil fuels in Cop summit speech

Australian PM boasts of success in renewables but is criticised for not addressing the nation’s huge coal industryGet our breaking news email, free ap...

Nov 11, 2026 · Staff
Originally on Wedgetail
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Anthony Albanese fails to mention fossil fuels in Cop summit speech

Australian PM boasts of success in renewables but is criticised for not addressing the nation’s huge coal industryGet our breaking news email, free ap...

Nov 11, 2026 · Staff
Originally on Wedgetail
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US refinery utilization falls to 92.93% in October — OPEC report

US refinery throughput totaled 16.77 mln barrels per day in October

Nov 11, 2026 · Staff
Originally on Wedgetail
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OPEC keeps non-OPEC+ supply growth forecast for 2026

Brazil, the United States, Canada and Argentina are expected to be the main growth drivers

Nov 11, 2026 · Staff
Originally on Wedgetail
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Diesel still costing close to a ’dismal’ £2 a litre despite oil price falls

Pump prices stay stubbornly high as leading bank official warns energy costs are likely to remain ‘elevated’Business live – latest updatesThe price of...

Nov 11, 2026 · Staff
Originally on Wedgetail
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Saudi oil production rebounds close to prewar levels

Output higher than average before Iran conflict as kingdom keeps exports flowing despite attacks on shipping and energy infrastructure

Nov 11, 2026 · Staff
Originally on Wedgetail