COMMODITY
Crude oil futures settle marginally lower on Friday
Nov-14-2026

Crude oil futures settled marginally lower on Friday with the renewal of U.S.-Iran re-escalation concerns offset by the International Energy Agency's (IEA) forecast of a global crude surplus. The IEA said the world oil market will return to a surplus in the fourth quarter of this year, as Middle East exports recover faster than global oil demand despite continued attacks on shipping.

Benchmark crude oil futures for December delivery fell by $0.18 or 0.20% to settle at $88.56 a barrel on the New York Mercantile Exchange. Brent crude for January delivery increased by $0.02 or 0.02% to settle at $95.84 a barrel on the New York Mercantile Exchange. 


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