Aave V4 deposit volume surpasses $300 million, with active loans exceeding $100 million
Foresight News reports that Aave announced its Aave V4 deposits have surpassed $300 million. Aave Creative Producer Nick Rea added that Aave V4's active loan amount has exceeded $100 million, with both figures reaching all-time highs.
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Saudi Arabia's oil production in October surged by 26%, reaching the highest level since the onset of the conflict, while Brent crude has dropped over 20% this month
OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.
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