OPEC+ preliminarily maintains November quotas; Brent still trades near 102
As of 16:05 JST on 2026-10-04. U.S. cash market closed. Reuters via MarketScreener headline (02:53 EDT): A representative said OPEC+ in principle agreed to keep the November production target unchanged. No official communique in this filing; it is qualified as “delegate/in principle,” not a statement. Two Reuters sources on 9/30 had already expected no change, when it was also noted that no final decision had been made.
At Friday’s settlement, two sources matched: Brent Z6 at 102.25 (−0.06), WTI X6 at 91.11 (−1.76). Newsquawk and TradingEconomics (page updated 10/4, date column 10/2). The G7’s four-month diesel + crude volume of up to 100 million barrels had entered Friday’s pricing. The seven countries’ August production was about 25.0 million bpd, still roughly 5.0 million bpd lower than the two months before the war (Reuters, citing OPEC, 9/30).
Friday close: Dow 51176.96 +0.49%, S&P 7722.72 +0.73%, Nasdaq 27190.86 +1.19%. For the week: S&P −0.27%, Nasdaq +0.45%, Dow −1.26%. Ten-year yields closed clustered at 5.281–5.283% (Newsquawk settlement 5.281%; TE 5.2830); Thursday’s intraday high was 5.344%. Reuters on the October rate hike cites CME FedWatch at 22.7%, not mixed with the other terminal at around 17%.
$BTC CoinGecko 84910 (24h +0.33%), MarketWatch XBX about 84915. Friday’s high of 87177 was not held. Spot ETF inflows of +102.7m on 10/1 were approved; on 10/2 they were still not settled—placeholder inflows were not used.
Does Brent lose 100 first, or does it hold above 104 first? Vote in the comments
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This does not constitute investment advice; trading involves risk.
As of 16:05 JST on 2026-10-04. U.S. cash market closed. Reuters via MarketScreener headline (02:53 EDT): A representative said OPEC+ in principle agreed to keep the November production target unchanged. No official communique in this filing; it is qualified as “delegate/in principle,” not a statement. Two Reuters sources on 9/30 had already expected no change, when it was also noted that no final decision had been made.
At Friday’s settlement, two sources matched: Brent Z6 at 102.25 (−0.06), WTI X6 at 91.11 (−1.76). Newsquawk and TradingEconomics (page updated 10/4, date column 10/2). The G7’s four-month diesel + crude volume of up to 100 million barrels had entered Friday’s pricing. The seven countries’ August production was about 25.0 million bpd, still roughly 5.0 million bpd lower than the two months before the war (Reuters, citing OPEC, 9/30).
Friday close: Dow 51176.96 +0.49%, S&P 7722.72 +0.73%, Nasdaq 27190.86 +1.19%. For the week: S&P −0.27%, Nasdaq +0.45%, Dow −1.26%. Ten-year yields closed clustered at 5.281–5.283% (Newsquawk settlement 5.281%; TE 5.2830); Thursday’s intraday high was 5.344%. Reuters on the October rate hike cites CME FedWatch at 22.7%, not mixed with the other terminal at around 17%.
$BTC CoinGecko 84910 (24h +0.33%), MarketWatch XBX about 84915. Friday’s high of 87177 was not held. Spot ETF inflows of +102.7m on 10/1 were approved; on 10/2 they were still not settled—placeholder inflows were not used.
Does Brent lose 100 first, or does it hold above 104 first? Vote in the comments
#Binance #BTC #Crypto #BitcoinETF #macroeconomics
This does not constitute investment advice; trading involves risk.