Oil Recovers After 8% Drop ...Middle East

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Oil Recovers After 8% Drop
source : OILPRICE ( Middle East ) () 49
Oil prices saw a small recovery on Friday morning after a continued selloff this week. Friday, October 3, 2025An 8% weekly loss is a rare occurrence in oil markets, especially if it comes on the back of five straight daily declines. Even though Friday’s trading has shown a marginal recovery with ICE Brent edging closer to $65 per barrel, however it seems that Sunday’s OPEC+ meeting could prompt further price declines in case members agree to expedited production unwinding. Amidst a US government shutdown and record year-to-date high…

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