Morning News: OPEC+ Poised to Keep Pumping Despite Rising Oversupply Fears – By IIS Research
- OPEC+ will probably continue with its production ramp-up next year regardless of where prices are going, according to traders who believe the expected oversupply in crude will not be large enough to discourage OPEC+ from boosting output.
- The current account deficit sharply rose by 256 percent in the first four months of this fiscal year (FY26), driven mainly by a rise in the goods import bill.
- Pakistan’s information technology sector posted a record-breaking performance in October 2025, with monthly IT exports reaching an all-time high of USD386 million.