New Delhi, Nov. 12 -- OPEC and its partner countries recorded a sharp recovery in oil production in October, led by Saudi Arabia, even as global oil markets continued to face heightened uncertainty amid the ongoing West Asia crisis. Crude oil prices cooled but still elevated despite a recent easing in international benchmarks.

Crude oil production by countries participating in the Declaration of Cooperation (DoC), which includes OPEC and allied oil-producing nations, increased by around 2.04 million barrels per day (mb/d) month-on-month to average 41.23 mb/d in October, according to the November Monthly Oil Market Report released by the Organization of the Petroleum Exporting Countries (OPEC).

The production recovery comes at a crucial ...