# Oil Price Forecast: WTI Falls Below $87 as Supply Fears Ease

> WTI crude fell to about $86 and Brent to nearly $94 in early Asian trading on Thursday as fears of Middle East supply disruption eased. OPEC producers pumped about 2 million barrels per day more in October than in September, led by Saudi Arabia, and an API estimate showed a 9 million barrel rise in US crude stocks.

- Date: 2026-11-12 · published 2026-11-12T06:09:44.201Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/94983-oil-price-forecast-wti-falls-below-87-as-supply-fears-ease
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Higher OPEC output and rising US inventories point to looser crude supply, lowering energy input costs and weighing on biofuel and ethanol-linked feed ingredient prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- fxempire.com: https://www.fxempire.com/forecasts/article/oil-price-forecast-wti-falls-below-87-as-supply-fears-ease-1644048

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