# Energy Preview: WTI crude oil futures linger around two-month lows

> Crude oil prices stayed near two-month lows on Thursday morning in Asia as the US and Iran avoided further strike escalation but remained deadlocked in negotiations. OPEC's monthly report showed output of 41.23 million barrels per day in October, up about 2.04 million from September, led by Saudi Arabia.

- Date: 2026-11-12 · published 2026-11-12T06:09:44.252Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/94984-energy-preview-wti-crude-oil-futures-linger-around-two-month-lows
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Rising OPEC output and lower crude prices reduce energy costs for feed processors and weaken the price support for biofuel feedstocks.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- capitalmarket.com: https://www.capitalmarket.com/markets/news/commodity-news/energy-preview-wti-crude-oil-futures-linger-around-two-month-lows/1748255

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