Crude Oil Slumps as OPEC+ Fails to Convince Market Bulls

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مدعوم بالذكاء الاصطناعي
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Crude oil prices are expected to end the week lower as OPEC+ failed to convince market bulls, despite a modest output increase and pause on further production hikes. The market remains focused on a bearish fundamental backdrop. Oil futures are trading at $59.70, down 2.10% from Thursday's close.

تأثير السوق

Market impact analysis based on bearish sentiment with 85% confidence.

المشاعر
Bearish
ثقة الذكاء الاصطناعي
85%

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Light crude oil futures are on track to finish the week lower after failing to confirm a recent closing price reversal bottom for the second time. As of Thursday’s close, the market is trading at $59.70, down $1.28 or -2.10%. With one session remaining, traders remain focused on the fundamental backdrop, which continues to tilt bearish. OPEC+ Output Strategy Fails to Convince Market OPEC+ attempted to stabilize prices by confirming a modest 137,000 barrels per day (bpd) increase in December and signaling a pause on further production hikes…

متابعة القراءة
المقال الكامل على OilPrice.com
قراءة المقال الكامل
المقال الأصلي منشور بواسطة OilPrice.com في نوفمبر 7, 2025.
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