November, 12 2026 Thursday 16:30 Hrs
Last update 11-9-2025
  • SENSEX :   81,911.01

  • Commodity broking firm in India31.61( 0.04%) 12-Nov-2026

Pre Session Commentary - Detailed News

Energy Preview: WTI crude oil hovers around two-month low
12-Nov-26   10:14 Hrs IST
Crude oil prices remain subdued, holding at levels above a two-month trough Thursday morning in Asia, as tensions between the US and Iran avert additional escalations while diplomatic negotiations remain stalled. The Organization of the Petroleum Exporting Countries’ monthly report, published Wednesday, indicated the group’s output reached 41.23 million barrels per day in October. This represents an increase of approximately 2.04 million barrels per day from September, largely driven by a substantial rise in production from Saudi Arabia. The front-month contract is presently valued at $3987.60 per barrel, a decline of 0.32% on the day, while Brent is down nearly 1% at $91.88 per barrel.
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