negative
Recently
Oil prices dip on weakening demand signals and supply concerns persist
Oil prices fell as demand from major consumers remained weak and supply risks lingered despite some sanctions impact.
On 6 November 2025, oil prices eased as investors weighed weak U.S. refinery activity and a slower-than-expected global demand recovery, while also tracking potential supply-glut risks. OPEC+ producers are increasing output and Asia‐bound crude prices from Saudi Arabia were reduced, signalling softer demand. Brent futures slipped to around $63.14 a barrel and U.S.-type crude to about $59.13. Analysts warn the market may remain under pressure if consumption remains muted.