OPEC report, construction spending data to shape Monday’s markets

Oil prices have decreased due to a rise in US inventories and a shift in OPEC's forecasts. This trend is significant as it reflects changing market dynamics and could impact global oil supply and pricing strategies.

Oil prices fell by more than $2 per barrel following OPEC's announcement that supply is expected to match demand by 2026. This decline is significant as it reflects ongoing concerns about oversupply in the market, particularly in light of recent changes in U.S. government policies that may affect oil production and consumption.

OPEC has revised its oil outlook, predicting a small surplus in 2026. This shift in forecast is significant as it reflects changing dynamics in the global oil market, potentially influencing pricing and production strategies among member countries. The announcement, made on November 12, 2025, underscores OPEC's ongoing assessment of supply and demand trends, which are critical for both producers and consumers in the energy sector.

OPEC has maintained its oil-demand forecast, indicating stability in its projections despite rising global inventories. This decision reflects OPEC's confidence in the demand for oil, which remains significantly higher than the estimates provided by the International Energy Agency. The divergence between OPEC's forecasts and those of the IEA highlights differing perspectives on the future of oil consumption and market dynamics, which are crucial for stakeholders in the energy sector.

Oil prices fell significantly, marking the largest decline in a month, as OPEC reported that global crude supplies exceeded demand earlier than expected. This development indicates a potential oversupply in the market, which could lead to further price instability. The decline in oil prices is noteworthy as it reflects changing dynamics in the energy sector and could impact economies reliant on oil revenues.