Oil prices decrease toward a two-month low due to increased Middle East production.
Saudi Arabia reported that its oil output jumped 26 percent in October. Meanwhile, Iran's Supreme National Security Council secretary stated the country will not remove any enriched nuclear material.
- Saudi Arabia told OPEC its output jumped 26 percent in October.
- Mohsen Rezaee, secretary of Iran’s Supreme National Security Council, said Iran will not remove any enriched nuclear material from the country.
Outlets: Financial Times, Gulf News, Moneyweb, Semafor, The Moscow Times - Independent News From Russia
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