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Oil Prices Fall as Saudi Output Jumps 26% and U.S. Stockpiles Build

By Oliver Dale at 2026-11-12 05:53

Sentiment: Negative

TLDR Brent crude fell to about $92 a barrel and WTI to about $86 on Thursday. Vice President JD Vance is weighing direct talks with Iranian official Mohsen Rezaei. Saudi Arabia reported a 26% rise in October oil output to 10.56 million barrels per day. Private data showed a 9-million barrel jump in U.S. crude [...] The post Oil Prices Fall as Saudi Output Jumps 26% and U.S. Stockpiles Build appeared first on CoinCentral. Continue reading...

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