{"id":16181,"date":"2025-11-26T07:17:14","date_gmt":"2025-11-26T07:17:14","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=16181"},"modified":"2025-11-26T07:17:14","modified_gmt":"2025-11-26T07:17:14","slug":"global-crude-oil-prices-today-november-26-2025-brent-oil-price-rises-to-62-67","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/16181\/","title":{"rendered":"Global Crude Oil Prices Today (November 26, 2025) \/ Brent Oil Price Rises to $62.67"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0Crude prices clawed back some ground in early Asian trade on Wednesday after plunging to one-month lows in the previous session, as investors digested signals that a U.S.-brokered peace deal between Ukraine and Russia could soon lift sanctions and unleash a wave of Russian barrels onto an already oversupplied market.<\/p>\n

Brent crude futures were up 19 cents, or 0.3%, at $62.67 a barrel by 0114 GMT, while West Texas Intermediate added 14 cents, or 0.24%, to $58.09 a barrel.<\/p>\n

Both benchmarks had tumbled 89 cents on Tuesday after Ukrainian President Volodymyr Zelenskiy told European leaders he is ready to move forward with a Washington-backed framework to end the war, with only \u201ca few points\u201d left to resolve.<\/p>\n

\u201cIf a deal is sealed, Western sanctions on Russian energy exports could evaporate almost overnight,\u201d said Tony Sycamore, market analyst at IG, warning that WTI could quickly slide toward $55 a barrel. \u201cUntil we get clarity, the bias remains firmly lower unless talks collapse.\u201d<\/p>\n

President Donald Trump confirmed he has instructed U.S. envoys to hold separate meetings with Vladimir Putin and Ukrainian officials, while a Kyiv source said Zelenskiy may travel to the United States within days to finalise terms.<\/p>\n

The prospect of peace comes just as the West has ratcheted up pressure on Moscow\u2019s oil trade. Recent sanctions on Rosneft, Lukoil and dozens of shadow-fleet tankers have already pushed India\u2019s Russian crude imports to a projected three-year low in December. A sudden sanctions rollback would reverse that squeeze and flood the market with discounted supply.<\/p>\n

Countering the bearish mood, traders cited growing bets on a Federal Reserve rate cut next month after softer-than-expected U.S. retail spending and inflation data. Cheaper borrowing costs would support economic activity and oil demand.<\/p>\n

For now, the market remains on edge. \u201cEveryone\u2019s waiting for the next headline out of Washington or Kyiv,\u201d said one Singapore-based crude trader. \u201cOne signature could add millions of barrels a day back online \u2014 and send prices straight through the floor.\u201d<\/p>\n

Updated on