Reuters | Oil prices dip on persistent fuel supply overhang Reuters In its monthly oil market report, the group said global supply rose by 800,000 barrels per day (bpd) in October to 97.8 million bpd, led by record OPEC output and rising production from non-OPEC members such as Russia, Brazil, Canada and Kazakhstan. US oil settles at $44.66 a barrel, down 61 cents, or 1.35% Oil ends win streak as OPEC output hits record Oil Prices Fall as IEA Reports Record OPEC Production |