Oil Prices Fluctuate Amidst Inventory Surge & Trade Deal
Update: 2025-11-05
Description
Oil prices fluctuate as US crude inventories surge, while China's tariff cancellation on US goods boosts market sentiment. Despite these factors, Brent crude has dropped nearly fifteen percent this year due to increased production from OPEC Plus and other nations. The market awaits further developments in inventory levels and geopolitical trade relations to influence oil prices in the coming weeks.
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