Oil Rises After Consecutive Monthly Losses
Brent crude rose to $62.89 per barrel, but it declined by 2.22% month-over-month and 13.11% year-over-year amid concerns of oversupply.
Brent crude rose to $62.89 per barrel on November 28, 2025, an increase of 3.75% from the previous day. Despite the daily rise, Brent's price fell by 2.22% over the past month and by 13.11% compared to the same time last year.
The U.S. oil benchmark is on track to record its fourth consecutive monthly decline in November, marking the longest losing streak since the first quarter of 2023, driven by concerns over oversupply and weak global demand.
Sources & References
IEA - Barchart
Editorial Note
Edited & Reviewed by the Ecopulse Editorial Board 1/24/2026, 22:15:16 UTC
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