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Nov. 2 (Bloomberg) -- Crude output in Russia, the world’s largest oil producer, grew 1.8 percent from a year earlier in October after OAO Rosneft began output at a field in northern Siberia. Full Article at Bloomberg.com
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(MENAFN) A report issued by the Russian Energy Ministry showed that the country's crude oil output grew 1.8 percent from a year earlier in October after OAO Rosneft began output at a field in northern Siberia, AP reported. Full Article at Middle East North Africa Financial Network
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Singapore: US crude futures dropped half a percent to below $79 a barrel on Wednesday, extending the previous session’s losses away from a 1-year peak after a bigger-than-expected rise in US crude oil inventories. Full Article at livemint.com
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OPEC wants to see oil stored at sea disappear before it considers raising production to stem the rally in prices, Secretary-General Abdalla El-Badri said. Full Article at Houston Chronicle
