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WTI Crude Oil Price Hits $91.48 as OPEC+ Meeting Looms

Guavy AI Editorial Team
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The price of WTI crude oil settled at $91.48 on Friday, marking a weekly gain of 9.7%.

OPEC+ is set to meet on Sunday, but three sources told Reuters that no changes are expected for October's policy.

Despite this, the actual output and exports may hold more significance than the quota decision, as war and shipping constraints have disrupted several exporters.

A stable target cannot ease prices if exporters cannot move the crude, making Sunday's delivery test more important than its quota decision.

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