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Oil Markets News 12 August 2025 - 7 November 2025

Nasdaq Frenzy: Tech Titans’ AI-Fueled Surge Hits Records Ahead of Fed Cut & Earnings Bonanza

US Commodity Prices Today (Nov 7, 2025): Oil steadies near $60, gold holds above $4,000, gas stays >$4, copper circles $10.7k; grains mixed — outlook & catalysts

Daily wrap and forward-looking view for WTI, Brent, natural gas, gold, silver, copper, corn, soybeans and wheat. All prices and news are for Friday, November 7, 2025 (U.S. date format). Key prices at a glance (intraday/settlement) Note: Exchange quote pages are delayed up to ~15 minutes; settlement figures shown where available. Energy — Oil: holding a fragile floor Oil is attempting a modest rebound after three straight down sessions, but both benchmarks are still on track for a second weekly loss amid oversupply worries, a U.S. crude stock build of ~5.2 million barrels, and a mixed dollar backdrop. WTI traded
Oil Prices Plunge to 5-Month Low as Trump-Putin Summit Looms & India’s Russian Oil U-Turn Rattles Markets

Oil Prices Plunge to 5-Month Low as Trump-Putin Summit Looms & India’s Russian Oil U-Turn Rattles Markets

Oil Slumps on Peace Talk Signals and Supply Surge Oil prices tumbled to five-month lows this week, capping a third straight weekly decline. Benchmark Brent crude is hovering near $60 per barrel, down about 3% for the week, while U.S. WTI fell toward $57 reuters.com. Both indices are at their weakest levels since early May reuters.com. The selloff accelerated after a surprise geopolitical development: President Trump announced he and President Putin will hold a summit in Budapest within weeks to discuss ending the Ukraine war reuters.com. The prospect of a peace deal – or at least a de-escalation – has
OPEC’s Surprise Output Hike Leaves Oil Prices Steady – But Glut Fears Loom

OPEC’s Surprise Output Hike Leaves Oil Prices Steady – But Glut Fears Loom

OPEC+ Opts for a Small Output Hike On October 5, the Organization of the Petroleum Exporting Countries and its allies (“OPEC+”) surprised some traders by approving only a modest production increase for November. The coalition’s 23 oil-producing nations agreed to add 137,000 barrels per day (bpd) next month – identical to the minimal hike implemented in October reuters.com. By historical standards this boost is quite small, amounting to only about 0.14% of global supply. OPEC+ framed the move as a cautious response to market conditions, citing a “steady global economic outlook and current healthy market fundamentals” in its decision ts2.tech.
Oil Tanks as OPEC Pumps More – But GOLD Is On Fire

Oil Tanks as OPEC Pumps More – But GOLD Is On Fire

With volatility high, market watchers brace for more drama: Fed meeting minutes, inflation reports and further OPEC decisions in coming days could send prices swinging again. Oil Market Retreats on OPEC+ Output Plans Oil has turned lower after recent strength, as traders anticipate OPEC+ will continue lifting production to chase market share. Reuters reports that at its Oct. 5 meeting, the producer alliance (OPEC plus allies like Russia) is expected to approve at least another 137,000 barrels per day increase for November bloomberg.com reuters.com. This would unwind more of last year’s steep cuts ahead of schedule. Price action has reflected
Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)

Trade Truce, Tech Triumphs & Oil Drama: Global Business Bombshells (Aug 11–12, 2025)

The Reserve Bank of Australia cut its cash rate by 25 basis points to 3.6% on Tuesday, its third cut this year, with Governor Michele Bullock signaling further easing may be needed. China’s factory-gate prices fell 3.6% year on year in July while consumer prices were flat, underscoring deflationary pressures. U.S. markets were about 90% priced for a Federal Reserve rate cut in September, with expectations of at least two quarter-point reductions by year end and core inflation near 3%. The U.S. extended a tariff truce with China by 90 days, and Japan’s Nikkei 225 rose 2.2% to 42,718 as
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