FeesSafety
Pluang+

Oil prices dip as Iran talks continue and OPEC+ holds output steady amid geopolitical tensions.

Market News
02 Nov 2026, 08:45 WIB
FXEmpire
View Source
Neutral
Oil prices dip as Iran talks continue and OPEC+ holds output steady amid geopolitical tensions.

Oil prices fell on Monday as talks between Iran and Qatar extended without major conflict, easing immediate supply concerns. Brent crude retreated from a six-month high reached in October, partly due to profit-taking. OPEC+ maintained December production targets unchanged, with actual output below quotas due to regional conflicts. US oil rigs increased slightly, reflecting oil prices above $100, while natural gas rigs declined amid mild demand forecasts. Technical analysis shows oil prices testing key support levels, with uncertainty ahead depending on geopolitical developments and market reactions post-US midterms.

Natural gas and oil forecasts provide context for energy markets. For readers following energy stocks, here is Pluang's market snapshot as of Nov 02, 2026 14:02 WIB: out of 79 priced Energy-sector US stocks, 36 rose and 43 fell. Notable movers include Helmerich & Payne Inc. at USD 42.99 (+2.82%), Ecopetrol SA at USD 17.19 (-2.77%), and ONEOK Inc. at USD 97.07 (+2.68%).

More News

Geely Auto Group's October sales top 310,000 vehicles, led by record new energy vehicle sales and strong export growth.

Geely Auto Group's October sales top 310,000 vehicles, led by record new energy vehicle sales and strong export growth.

Geely Auto Group reported October vehicle sales of 310,183 units, surpassing 300,000 for the first time in 2026, marking eight consecutive months of year-over-year and month-over-month growth. New energy vehicles (NEVs) accounted for 69% of sales, re...

Market News
Bullish
3 hours ago
Bitcoin is 39% below its peak, while meme coins and other assets show larger drops from their all-time highs.

Bitcoin is 39% below its peak, while meme coins and other assets show larger drops from their all-time highs.

Bitcoin is currently 39% below its all-time high, making it the crypto asset with the smallest gap from its peak among those compared. Meme coins like Fartcoin, TrumpCoin, and MelaniaCoin are down between 95% and 99% from their highs, indicating much...

Bearish
5 hours ago
Four bodies recovered after Prospector 5 rig incident offshore Gabon; search continues for one missing person.

Four bodies recovered after Prospector 5 rig incident offshore Gabon; search continues for one missing person.

Borr Drilling reported that four bodies have been recovered following the Prospector 5 rig incident offshore Gabon, with all found individuals being transported to Port Gentil. Search and rescue operations are ongoing for one remaining missing person...

Market News
Bearish
5 hours ago
NEAR Protocol price drops 3.09% to $4.14 amid $570K liquidations in one hour

NEAR Protocol price drops 3.09% to $4.14 amid $570K liquidations in one hour

NEAR Protocol's price fell 3.09% in one hour to $4.14 on Binance, down from $4.27 an hour earlier, and declined 5.46% over 24 hours. During this period, liquidations on Binance, Bybit, and OKX totaled $570,000 in long positions, with no short liquida...

Market News
Bearish
5 hours ago
Lleida.net Q3 sales rise 6%, EBITDA up 10%, driven by SaaS and Registered Notification growth

Lleida.net Q3 sales rise 6%, EBITDA up 10%, driven by SaaS and Registered Notification growth

Lleida.net reported a 6% increase in third-quarter 2026 revenue to EUR 4.666 million, marking its first year-on-year sales growth this year. EBITDA rose 10% to EUR 882,000, supported by strong performance in Registered Electronic Notification and Oth...

Company Fundamentals
Bullish
5 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App