Gulf
Why Are Oil Prices Going Down? The First Surplus Since the Iran War, Explained
Oil prices are going down because supply now outruns demand: Gulf exports are recovering and stocks are rising. Brent was about $96 on November 13, 2026.
6 min read

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Oil prices are going down because supply now outruns demand: Gulf exports are recovering and stocks are rising. Brent was about $96 on November 13, 2026.

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