WTI swings as Middle East tensions meet rising supply: Nov 13, 2026
WTI has moved between rebound and decline as Middle East tensions and supply risks have competed with signs of rising global output. Prices slipped below $85.00 on hopes for Ukraine peace talks and oversupply worries, including surging Saudi production and an Atlantic Basin glut, while at other moments they recovered as Iran denied talks with Washington.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the WTI page.
Headlines (11)
First seen on November 13
Carried over from earlier days
- WTI rebounds above $85.50 despite easing Middle East tensionsFXStreet
- WTI Oil steadies above $85 as hopes of a Middle East peace agreement start to fadeFXStreet
- Saudi Crude Output Jumps 26% as Riyadh Reports Near Pre-War ProductionOilPrice.com
- Brent Jumps Nearly 3% as Iran Denies Any Talks With WashingtonOilPrice.com
- Midterms strip out the war premium, but the next two months make shorts a risky betHellenic Shipping News
- WTI declines below $85.00 on hopes for Ukraine peace talks, oversupply worriesFXStreet
- Oil heads for two-month low as Middle East output risesgulfnews.com
- Saudi Oil Production Surges to One of Highest Levels in Yearsrigzone.com
- Oil prices rebound as Middle East tensions counter rising global crude supplyoilandgas360.com
- Freight, Mideast Supply Drive Atlantic Basin Crude Glutenergyintel.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Friday, November 13 | ||
| New Home Prices m/m | CNY | |
| New Loans | 80B | CNY |
| M2 Money Supply y/y | 7.2% | CNY |
| PPI m/m | 0.4% | USD |
| Core PPI m/m | 0.3% | USD |
| Wholesale Sales m/m | 0.5% | CAD |
| Manufacturing Sales m/m | 0.1% | CAD |
| FOMC Member Collins Speaks | USD | |