What did OPEC+ decide to do?

OPEC+ agreed to pause production increases for the first quarter of 2026, easing concerns about a potential supply surplus.

What is the focus for investors amid the ongoing US government shutdown?

With approximately one-quarter of S&P 500 companies scheduled to report quarterly results in the coming week, corporate earnings will be a key area of attention for market participants.

Home / Business and Economy / OPEC+ Halts Output Hikes, Stocks and Commodities Advance

OPEC+ Halts Output Hikes, Stocks and Commodities Advance

3 Nov

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Summary

OPEC+ agrees to pause production increases for Q1 2026
Asian and European markets open November with gains
Investors focus on corporate earnings amid US government shutdown

On November 3rd, 2025, global markets began the month on a positive note, with international equity indexes and commodity prices climbing. The key driver was an agreement by OPEC+ to pause further output hikes through the first quarter of 2026, easing concerns about a potential supply surplus.

Crude oil prices rose, with Brent crude up 0.3% to $65 per barrel and West Texas Intermediate climbing 0.4% to $61.21 per barrel. The decision by major oil producers to maintain current production levels for the next few months provided support to the energy sector.

Asian equity markets closed the day with solid gains, led by a 2.8% surge in South Korea's Kospi index, buoyed by semiconductor manufacturers and major technology companies. Mainland Chinese stocks also finished higher, with the Shanghai Composite index rising 0.6%. European indexes opened the new month on a positive note as well, with the FTSE 100 in London gaining 0.2% and Germany's DAX climbing 0.7%.