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Oil Prices Drop 2% Despite Wave of Bullish News
Market Intelligence Analysis
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Why This Matters
Oil prices dropped 2% despite a rare alignment of bullish signals, including OPEC's upbeat demand outlook and softer glut forecast from the IEA, indicating a mixed market sentiment.
Market Impact
Market impact analysis based on neutral sentiment with 79% confidence.
Sentiment
Neutral
AI Confidence
79%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Oil prices slid nearly 2% on Thursday in a move that ran against a rare alignment of bullish signals—from OPEC’s upbeat December MOMR to a softer glut forecast from the IEA and fresh U.S. inventory draws. Brent fell toward $61… And WTI toward $57… Extending a losing streak that now spans most of December. OPEC’s latest monthly report maintained a firm demand outlook for 2025–26, pointing to resilient consumption in China, India, and the Middle East while reiterating that non-OPEC supply growth…
Original article published by
OilPrice.com
on December 11, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.