#TECHCHARTSMEMBERS# I've covered several #ENERGY# equities in the latest report. Continued strength for #CRUDEOIL# can build a "theme" in energy equities. Access >>

Gulf crude and condensate exports ex-Iran recovered to about 16.5M bpd in September, near pre-war levels, Standard Chartered estimates. But only 60% crossed Hormuz vs 83% pre-war, so barrels move at higher cost. #Oil# #Hormuz# #CrudeOil# #OPEC#

Crude oil production by the 11-member Organization of the Petroleum Exporting Countries rose by 1.38 million barrels per day in October to 22.87 million barrels per day, reaching 90% of its pre-war output. A Reuters survey published Monday found that OPEC members had produced 25.48 million barrels per day in February, the last month before the US-Israel war with Iran disrupted oil production and exports across the region. Saudi Arabia, Kuwait and Iraq led the recovery in production, although overall OPEC output remained below its pre-war level.

Crude oil prices fall in third quarter. The price of natural gas in the Permian Basin (Waha) rose while the national benchmark price (Henry Hub) fell in the second quarter.

Crude oil prices fell Tuesday for a second consecutive session, as the market hopes the U.S. and Iran will reach a diplomatic settlement to the eight-month-long conflict that has disrupted global energy supplies. Read more: