Global Market: OPEC+ keeps November oil output steady as Brent tops $100

Synopsis Seven major OPEC+ producers agreed to keep November crude output unchanged as the Iran conflict disrupted supplies and pushed Brent above $100 a barrel. Meanwhile, G7 nations plan to release 100 million barrels of oil and refined products, including diesel, to ease energy-market pressures and cushion consumers from soaring fuel costs. Seven major oil-producing countries agreed to keep crude production unchanged in November, as the conflict involving Iran disrupted global supplies and pushed benchmark Brent crude above $100 a barrel, AP reported. The OPEC+ subgroup comprising Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman made the decision. The…