Crude Futures on Track for Weekly Loss Amid Oil Oversupply Fears

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Crude Futures on Track for Weekly Loss Amid Oil Oversupply FearsStock Market News From Nov. 7, 2025: S&P 500, Dow Recover from Early SlideLast Updated:1 day agoByGiulia Petroni, Dow Jones NewswiresOil prices were rising in early trading but are on track for a weekly loss of more than 1%, pressured by concerns over excess supply and signs of weaker crude demand in the U.S.Brent was up 1% to $64.04 a barrel, while WTI gained 1.1% to $60.08 a barrel following a choppy trading session on Thursday."Geopolitical disruptions, such as Ukrainian attacks on Russian refineries and renewed U.S. sanctions on Rosneft and Lukoil, have added modest upside risks," said Soojin Kim from MUFG. "Still, overall market tone remains bearish as supply growth continues to outweigh disruption risks despite lingering volatility."