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WTI fell to near $87.50 in early Asian trade as US crude inventories rose by 9 million barrels in the week to November 5, versus expectations of a 1 million barrel decline. The move came despite Trump saying the US no longer needed a deal with Iran and Houthi attacks on Saudi energy infrastructure.
A larger-than-expected US crude stock build points to near-term oversupply, a bearish offset to geopolitical risk premium on energy costs.
fxstreet.comLallalit SrijandornNov 13, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
