Oil
Commitment to enhancing trade cooperation, continuity of joint efforts emphasized
Non-oil GDP grew by 5.9 percent in 2023
Russia to tighten oil restrictions in early December
OPEC+ has been reducing oil production by 5.16 million barrels per day
Saudi expected to extend supply cuts
The report comes ahead of the scheduled meeting of OPEC+ on Nov. 26
Prices of Brent and WTI crude futures both saw declines
Market focus shifted to supply-demand balance as Middle East concerns ease
Kingdom to continue voluntary reduction of 1 million barrels per day
Mixed expectations surrounding future prices
