# Oil prices record second weekly loss amid concerns over oversupply

> Oil prices settled lower on Friday for a second consecutive week, with Brent at $95.84 and WTI at $88.56, as markets weighed signs of a growing global oversupply. An IEA report released the same day pointed to rising global surplus, while US pressure on Iran continues.

- Date: 2026-11-14 · published 2026-11-14T12:08:53.147Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/99331-oil-prices-record-second-weekly-loss-amid-concerns-over-oversupply
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A rising oil surplus lowers energy costs for feed and transport and weakens biofuel-linked demand for vegetable oils and corn, pressuring related feed prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- alarabiya.net: https://www.alarabiya.net/aswaq/oil-and-gas/2026/11/14/%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D9%8A%D8%B3%D8%AC%D9%84-%D8%AB%D8%A7%D9%86%D9%8A-%D8%AE%D8%B3%D8%A7%D8%B1%D8%A9-%D8%A7%D8%B3%D8%A8%D9%88%D8%B9%D9%8A%D8%A9-%D9%88%D8%B3%D8%B7-%D9%85%D8%AE%D8%A7%D9%88%D9%81-%D9%81%D8%A7%D8%A6%D8%B6-%D8%A7%D9%84%D9%85%D8%B9%D8%B1%D9%88%D8%B6

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