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2h agoCrude markets slide as U.S. stockpiles grow and OPEC+ weighs December production move
Oil futures extended losses as U.S. government data revealed a larger-than-expected crude inventory increase, raising supply concerns among traders. Brent fell below $87 per barrel while WTI hovered near $83. Analysts cited seasonal demand weakness and possible OPEC+ output expansion planned for December. The alliance reportedly aims to balance higher global supply while preventing market volatility. Investors also tracked Chinese demand recovery indicators, which remained uneven. Energy strategists expect near-term pressure to persist until policy clarity emerges from OPEC+’s next meeting later this month.
negative
2h agoCrude markets slide as U.S. stockpiles grow and OPEC+ weighs December production move
Oil futures extended losses as U.S. government data revealed a larger-than-expected crude inventory increase, raising supply concerns among traders. Brent fell below $87 per barrel while WTI hovered near $83. Analysts cited seasonal demand weakness and possible OPEC+ output expansion planned for December. The alliance reportedly aims to balance higher global supply while preventing market volatility. Investors also tracked Chinese demand recovery indicators, which remained uneven. Energy strategists expect near-term pressure to persist until policy clarity emerges from OPEC+’s next meeting later this month.
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negative
Crude markets slide as U.S. stockpiles grow and OPEC+ weighs December production move
about 2 hours ago
1 min read
84 words
Oil prices fell below $87 as inventories rose and OPEC+ considered a December output hike, increasing near-term supply pressure and moderating investor sentiment.
Oil futures extended losses as U.S. government data revealed a larger-than-expected crude inventory increase, raising supply concerns among traders. Brent fell below $87 per barrel while WTI hovered near $83. Analysts cited seasonal demand weakness and possible OPEC+ output expansion planned for December. The alliance reportedly aims to balance higher global supply while preventing market volatility. Investors also tracked Chinese demand recovery indicators, which remained uneven. Energy strategists expect near-term pressure to persist until policy clarity emerges from OPEC+’s next meeting later this month.
Oil futures extended losses as U.S. government data revealed a larger-than-expected crude inventory increase, raising supply concerns among traders. Brent fell below $87 per barrel while WTI hovered near $83. Analysts cited seasonal demand weakness and possible OPEC+ output expansion planned for December. The alliance reportedly aims to balance higher global supply while preventing market volatility. Investors also tracked Chinese demand recovery indicators, which remained uneven. Energy strategists expect near-term pressure to persist until policy clarity emerges from OPEC+’s next meeting later this month.
Companies:
OPEC+
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oil
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oil
commodities
energy
Nov 5, 2025 • 11:05 IST