10 Nov 2025 | 5 Mins Read
US government shutdown ends in sight, boosting oil prices
Flipitmoney
U.S. oil prices rose 0.74% and 0.84% respectively for Brent and WTI, as optimism grows for an end to the 40-day U.S. government shutdown, set to lift demand and consumer confidence. This could push WTI prices towards $62 a barrel, analyst Tony Sycamore said. OPEC+ agreed to pause output hikes, amid concerns of oversupply, while U.S. crude inventories and oil stored on ships rise.