Oil Prices Edge Higher as U.S. Shutdown Nears End, Oversupply Caps Gains

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Oil prices slightly increased due to the nearing end of the U.S. government shutdown, but gains were capped by concerns of oversupply and uncertainty in the market.

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Market impact analysis based on neutral sentiment with 62% confidence.

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Neutral
ثقة الذكاء الاصطناعي
62%

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Oil prices steadied on Monday as Washington moved toward ending a 40-day government shutdown, offering a modest boost to demand expectations but leaving markets weighed by oversupply signals and still plenty of uncertainty. On Monday at 1:42p.m. ET, West Texas Intermediate (WTI) traded at $59.99 a barrel, up 0.40%, while Brent crude was up 0.56% to $63.92. Murban crude stood at $66.25, and U.S. natural gas slipped 0.35% to $4.330 per million Btu. The U.S. Senate advanced a funding bill late Sunday expected to reopen federal agencies and restore…

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المقال الأصلي منشور بواسطة OilPrice.com في نوفمبر 10, 2025.
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