# Fuels Market Watch 24, November 13th Edition - Crude, Gas, Diesel Forward Prices

> Crude oil futures fell again, with WTI opening at $58.88 per barrel, the lowest since late 2017. A brief rally followed reports that Saudi Arabia wanted a 1 million bpd supply cut in 2019, but Trump publicly opposed cuts.

- Date: 2018-11-13 · published 2018-11-13T12:00:00.000Z
- Category: policy · region Global · magnitude medium
- Page: https://feedsoft.ai/events/11332-fuels-market-watch-24-november-13th-edition-crude-gas-diesel-forward-prices
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A possible OPEC supply cut could firm crude prices and, through energy costs, support feed input prices. Uncertainty over US political pressure on OPEC leaves the price outlook volatile.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2026-10-04 | [OPEC+ Keeps November Oil Production Unchanged As Crude Prices Hold September Gains](https://feedsoft.ai/events/17215-opec-keeps-november-oil-production-unchanged-as-crude-prices-hold-september.md) | +0.8% | +8.4% |
| WTI | 2020-12-03 | [Oil prices rise ahead of OPEC+ talks over crude output levels \| Financial Markets \| Al Jazeera](https://feedsoft.ai/events/49829-oil-prices-rise-ahead-of-opec-talks-over-crude-output-levels-financial-markets.md) | +0.5% | +7.0% |
| WTI | 2026-03-30 | [Palm futures hit 15-month high on Indonesia biodiesel plans, crude rally - Markets - Business Recorder](https://feedsoft.ai/events/20264-palm-futures-hit-15-month-high-on-indonesia-biodiesel-plans-crude-rally-markets.md) | +12.7% | -2.0% |
| WTI | 2020-06-05 | [Oil prices spike as OPEC+ nears output cut extension, job market rallies \| Fox Business](https://feedsoft.ai/events/52786-oil-prices-spike-as-opec-nears-output-cut-extension-job-market-rallies-fox.md) | -2.7% | +8.5% |
| WTI | 2022-12-19 | [Palm oil firms on higher crude prices, Indonesia’s plan to raise biofuel mandate - Markets - Business Recorder](https://feedsoft.ai/events/38333-palm-oil-firms-on-higher-crude-prices-indonesia-s-plan-to-raise-biofuel-mandate.md) | +7.2% | +7.1% |
| BRENT | 2026-10-04 | [OPEC+ Keeps November Oil Production Unchanged As Crude Prices Hold September Gains](https://feedsoft.ai/events/17215-opec-keeps-november-oil-production-unchanged-as-crude-prices-hold-september.md) | -0.9% | +2.2% |
| BRENT | 2018-08-21 | [Crisis Looming for Diesel Market? \| Tank Transport](https://feedsoft.ai/events/63723-crisis-looming-for-diesel-market-tank-transport.md) | +5.1% | +9.0% |
| BRENT | 2020-12-03 | [Oil prices rise ahead of OPEC+ talks over crude output levels \| Financial Markets \| Al Jazeera](https://feedsoft.ai/events/49829-oil-prices-rise-ahead-of-opec-talks-over-crude-output-levels-financial-markets.md) | +1.7% | +7.3% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/fuels-market-watch-24-for-11-13-2018/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.