Expected end to U.S. government shutdown helps lift crude
11 November 2025
Time to read: minutes
The oil complex is “grinding forward on a bifurcated narrative” of tight product supplies against “what’s supposed to be a looser crude market,” Neil Crosby of Sparta Commodities says in a note.
Wall Street Journal, November 11, 2025 – Oil prices ticked higher as progress toward ending the U.S. shutdown lifted sentiment. Sparta’s Neil Crosby said recent data challenge the crude oversupply story, hinting at a more balanced market. WTI settled at $60.13/bbl (+0.6%), Brent at $64.06/bbl (+0.7%).
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