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Morning News: Oil extends losses on US inventory build, OPEC forecast shift – By Shajar Research

  • By: Shajar Capital Pakistan (Private) Limited

  • - Published: Thursday, 13 November 2025
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<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Oil prices fell for a second day on Thursday as an industry report showing rising crude inventories in the U.S., the world's biggest crude consumer, reinforced concerns that global supply is more than ample to meet current fuel demand. (Reuters)</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Global shares held a three-day gain that took them to within touching distance of a record high as the US House passed a bill to end the longest-ever government shutdown. Asian shares and the MSCI All Country World Index fluctuated between small gains and losses as investors stayed cautious with limited economic data clouding the outlook for Federal Reserve policy. (Bloomberg)</span></li></ul>

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