Russian crude production rebounds after Trump diesel deal, IEA says as oil markets return to surplus

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Russia's crude oil production rose to 8.73 million barrels a day in October, a 210,000-barrel-a-day surge, as a rebound in Gulf shipments pushes oil markets into a surplus for the first time since the Middle East conflict began, the International Energy Agency said Friday. Global supply and stocks have both swelled, though Middle East disruptions and attacks on Russian energy infrastructure tightened diesel supply, according to the agency's latest monthly oil market report. "Persistent attacks on Russian energy infrastructure continue to choke off the country's diesel supplies to international markets, adding to losses from the Middle East," the IEA noted. U.S.