Various-Oil Prices
Various-Oil Prices
Dateline : Nov 9, 2026/File
Location : Various
Duration : 1'13
Various - Nov 9, 2026 (CCTV Video News Agency - No access Chinese mainland)
1. Graphic showing changes of oil futures prices
FILE: Kharg Island, Iran - 2016-2018 (CGTN - No access Chinese mainland/Israel Media/Al-Arabiya/Persian language TV Stations outside Iran. Strictly No Access BBC Persian/VOA Persian/Manoto TV/Iran International/Radio Farda)
2. Various of oil storage tanks
FILE: Bab Oilfield, UAE - 2023 (CGTN - No access Chinese mainland)
3. Various of oil field facilities, pipelines, associated gas flame
FILE: Kuwait - Aug 7, 2017 (CCTV - No access Chinese mainland)
4. Various of oil drilling rig in operation
FILE: Saudi Arabia - Date Unknown (CCTV - No access Chinese mainland)
5. Various of workers at oil refinery
FILE: Kurdistan Region, Iraq - July 2016 (CCTV - No access Chinese mainland)
6. Various of oil refinery
Oil prices fell on Monday.
The West Texas Intermediate for December delivery dropped 3.98 U.S. dollars, or 4.38 percent, to settle at 86.85 dollars a barrel on the New York Mercantile Exchange. Brent crude for January delivery lost 5.75 dollars, or 5.85 percent, to settle at 92.57 dollars a barrel on the London ICE Futures Exchange.
In a phone interview with CNN on Sunday, U.S. President Donald Trump said that renewed military strikes on Iran were "highly unlikely" as long as negotiations made progress, but did not rule out further military action.
EBW AnalyticsGroup said it remains skeptical that U.S.-Iran discussions will yield fruit. Nevertheless, if regional crude exports remain stout, the United States may have less reason to restart an active military campaign.
The global oil market recorded a surplus of 1.1 million barrels per day (bpd) in September and 1.4 million bpd in October, driven by recovering Middle Eastern oil flows, rising output from other producers and weak demand, according to a recent report by JPMorgan.
ID : 8507605
Published : 2026-11-10 09:27
Last Modified : 2026-11-10 20:51:33
Source : CCTV Video News Agency,China Central Television (CCTV),China Global Television Network (CGTN)
Restrictions : See shotlist
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