Trader's nectar

Trader's nectar

OPEC+ was right, again

November 2025 Oil Commodities Outlook

Anatoly Kazimirov's avatar
Anatoly Kazimirov
Nov 13, 2025
∙ Paid
Brent Feb26 contract - WebICE

Brent crude and West Texas Intermediate, industry benchmarks, started November in a pronounced downturn—holding above $62 and $58 per barrel, respectively, after days of steep losses. The driver: OPEC’s latest forecast, coupled with the International Energy Agency’s sixth consecutive upward revision to global surplus predict…

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