Thursday, November 12, 2026
13.1 C
New York

Oil Prices Fall on Fears of OPEC+ Supply Boost, US Slowdown

Oil dropped for a second day as traders fretted that OPEC+ may agree to boost supplies, US data pointed to a slowdown, and an industry estimate showed higher crude stockpiles at a key storage hub. Members of the OPEC+ alliance meet this weekend. Bloomberg’s Nicholas Lua reports.
——–
More on Bloomberg Television and Markets

Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/

Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/

More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio

Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals

Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts

source

Hot this week

UK GDP grows 0.7% in third quarter of 2026

Covent Garden, LondonShomos Uddin | Moment | Getty...

Asian shares slip as Nvidia’s troubles weigh on AI stocks, despite a rally on Wall St

TOKYO -- Asian shares and U.S. futures declined...

Cryptocurrencies: Bitcoin Down 5% This Week

This weekly update tracks some of the largest...

IT software vendor banks use hit with third security threat

What's at stake: Anyone who takes over an...

Latest Post

Demo

Related Articles

Popular Categories

Demo