Crude oil dropped as investors continue to lose faith in OPEC’s ability to stem the glut supply.
OPEC will discuss at a meeting in November whether to extend or end production cuts, Kuwait's oil minister Essam al-Marzouq told.
The market was dampened by rising U.S. production, which has broken through 9.5 million barrels per day (bpd), its highest since July 2015.
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