Crude oil and gasoline prices are sharply lower today due to the outlook for OPEC+ to increase its crude production levels for November, which is expected to boost global oil supplies. More News from BarchartThe outlook for higher crude production in Iraq is also expected to boost global oil supplies, which is bearish for crude prices. Reduced crude demand from India, the world's third largest crude oil importer, is negative for oil price after India's Aug crude imports fell -2.9% y/y to 19.6 MMT. An increase in crude oil held worldwide on tankers is bearish for oil prices. Ukraine has stepped up its attacks on Russian refineries and oil infrastructure, which is bullish for crude prices as it curbs Russian crude exports and tightens global oil supplies.