Oil Drops on China Fuel Reserves Release; OPEC+ Meeting in View

TOKYO (Reuters) -Oil prices dropped on Monday as China’s release of gasoline and diesel reserves eased concerns over tight global supply, while investors cashed in ahead of a Nov. 4 meeting of major crude producers that could increase future production targets.

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FXEN NEWS

China NBS Non-Manufacturing PMI came in at 49.4 below forecasts (50.3) in January 31 January 2026

China NBS Non-Manufacturing PMI came in at 49.4 below forecasts (50.3) in January

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China NBS Manufacturing PMI came in at 49.3, below expectations (50) in January

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Oil Drops on China Fuel Reserves Release; OPEC+ Meeting in View

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