Oil Prices Fall for Second Day on Surplus Concerns

Oil Prices Fall for Second Day on Surplus ConcernsSingapore, 3 Dec 2025 (ONA) — Oil prices fell for a second consecutive session today amid growing concerns over a potential supply surplus, driven by rising crude and fuel inventories. Brent crude futures were down 13 cents, or 0.21%, at $62.32 a barrel, after falling 1.1% in the previous session. US West Texas Intermediate crude lost 12 cents, or 0.20%, to trade at $58.52 a barrel, after dropping 1.2% on Tuesday. The American Petroleum Institute reported that US crude and fuel inventories rose last week.— Ends/Khalid