Major oil exporters agree to keep production steady in November
Seven major oil-exporting countries agreed Sunday to keep production steady in November at a time when the Iran war has driven the price of benchmark Brent crude oil above $100 a barrel.
TL;DR
- Seven major oil-exporting countries agreed to keep production steady.
- The production decision is for November.
- The price of Brent crude oil has exceeded $100 a barrel.
- The Iran war is cited as a factor in the rising oil prices.