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US crude oil inventories rise amid geopolitical tensions, keeping prices volatile near $88-$96 range.

Market News
13 Nov 2026, 17:05 WIB
FXEmpire
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US crude oil inventories rise amid geopolitical tensions, keeping prices volatile near $88-$96 range.

US crude oil inventories increased by 4.7 million barrels last week, with gasoline and distillate stocks also rising, despite high refinery activity. The EIA forecasts Brent crude prices near $100 per barrel for the rest of the year, influenced by Middle East geopolitical risks and shipping constraints. While US production is expected to hit a record 14.3 million barrels per day next year, ongoing tensions and supply disruptions could keep prices elevated and volatile. Investors should watch for actual supply flow changes to gauge future price direction.

Oil prices and related market activity provide context for this update. For readers following energy stocks, 67 of 79 priced US energy-sector stocks on Pluang rose today while 7 fell. Notable movers include PTEN at USD 10.84 with a 1.59% increase, DNN at USD 2.12 up 1.44%, and SM at USD 33.22 gaining 1.37% with 100% buy order activity. This data is as of Nov 13, 2026 20:42 WIB.

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