Oil prices fall as oversupply concerns overshadow US government reopening
November 12, 2025
(Investing) – LONDON -Oil prices fell more than 2% on Wednesday, weighed down by oversupply concerns as OPEC said global oil supply will match demand in 2026, marking a further shift from its earlier projections of a supply deficit. Brent crude futures slipped $1.35, or 2%, to $63.81 a barrel by 1417 GMT after gaining 1.7% on Tuesday. U.S. West Texas Intermediate crude was
