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Morning News: Oil rises on fading oversupply fear after OPEC+ restrains output increase – By Shajar Research

Shajar Capital
  • Oil prices edged higher in early trade on Wednesday as markets started to brush off oversupply fear for the time being, having digested a decision by OPEC+ to restrain November production increases. (Reuters)
  • Asian equities fell, led by technology stocks, after Wall Street’s pullback from record highs fueled caution about lofty valuations and AI-related spending. (Bloomberg)