OPEC+ fails to pump enough oil once again last month
The bloc is said to have cut its production 15% deeper than planned in September, as compared with the 16% in August and 9% in July. That just reaffirms that they failed once again to pump enough oil to meet the output target, despite a reduction

The market is ramping up BOE rate hike expectations
That of course follows the more hawkish remarks by Bailey over the weekend .
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It’s important to also put into context the remarks by Bailey as he does put a few caveats associated with any move that the BOE may take in the coming meetings: