Looking ahead, though a tight supply outlook offers support to oil prices in the immediate run, other catalysts like worries over the global growth outlook and a firm US currency likely to halt major gains. On the price side, US WTI crude has stiff resistance at $94 a barrel which needs to be cleared for further rallies. Otherwise, there are chances of a choppy with mild negative bias trading on the cards.
US stocks: S&P, Nasdaq end over 1% higher as AI-fueled optimism weighs
CoreWeave reported strong earnings, easing investor concerns about spending on AI infrastructure and boosting stock prices. Both the S&P 500 and Nasdaq witnessed gains following
November 11, 2026