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Sputnik

Oil Dives 4% to 3-Week Low as OPEC Surprises With Bearish Q3 Call

NAMPA / Sputnik
2025-11-13
WASHINGTON, November 13 (RIA Novosti) - Oil prices hit three-week lows on Wednesday as a surprisingly bearish third-quarter supply-demand reading by the Organization of Petroleum Exporting Countries drove crude benchmarks below levels critical to the confidence of market bulls. OPEC said in its November monthly report that crude markets were probably in an oversupply of 500,000 barrels per day between June and September. That was a complete rever......
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ONHINDA, 11 November 2025 - The NamPower Foundation on Tuesday handed over a three-classroom block at Titus Ndjaba Combined School, as well as a guardroom and school fence at Oluwaya Combined School in the Epembe constituency of the Ohangwena Region. (Photo by: Max Henrich) NAMPA

ONHINDA, 11 November 2025 - The NamPower Foundation on Tuesday handed over a three-classroom block at Titus Ndjaba Combined School, as well as a guardroom and school fence at Oluwaya Combined School in the Epembe constituency of the Ohangwena Region. (Photo by: Max Henrich) NAMPA

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Ncamagoro, 11 November 2025 - Kavango West Governor Verna Sinimbo launched a region-wide fruit tree planting campaign and creative industries awareness programme in the Ncamagoro Constituency on Tuesday. (Photo: Contributed)

Ncamagoro, 11 November 2025 - Kavango West Governor Verna Sinimbo launched a region-wide fruit tree planting campaign and creative industries awareness programme in the Ncamagoro Constituency on Tuesday. (Photo: Contributed)

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Ncamagoro, 11 November 2025 - Kavango West Governor Verna Sinimbo launched a region-wide fruit tree planting campaign and creative industries awareness programme in the Ncamagoro Constituency on Tuesday. (Photo: Contributed)

Ncamagoro, 11 November 2025 - Kavango West Governor Verna Sinimbo launched a region-wide fruit tree planting campaign and creative industries awareness programme in the Ncamagoro Constituency on Tuesday. (Photo: Contributed)

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WINDHOEK, 11 November 2025 - Athletes representing the Namibia Deaf Sport Federation (NDSF), officials and members of the Namibia Sports Commission pictured during the team sending-off ceremony to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 11 November 2025 - Athletes representing the Namibia Deaf Sport Federation (NDSF), officials and members of the Namibia Sports Commission pictured during the team sending-off ceremony to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 11 November 2025 - Athletes representing the Namibia Deaf Sport Federation (NDSF), officials and members of the Namibia Sports Commission pictured during the team sending-off ceremony to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 11 November 2025 - Athletes representing the Namibia Deaf Sport Federation (NDSF), officials and members of the Namibia Sports Commission pictured during the team sending-off ceremony to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

NAMPA
WINDHOEK, 11 November 2025 - Athletes representing the Namibia Deaf Sport Federation (NDSF), officials and members of the Namibia Sports Commission pictured during the team sending-off ceremony to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 11 November 2025 - Athletes representing the Namibia Deaf Sport Federation (NDSF), officials and members of the Namibia Sports Commission pictured during the team sending-off ceremony to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 11 November 2025 - (From left) Namibia Sports Commission Chief Administrator Freddy Mwiya; Namibia Deaf Sport Federation (NDSF) president, Abner Shaya, and Commissioner Linekela Paul Nanyeni during the handing over of national colours to the NDSF president ahead of their trip to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

WINDHOEK, 11 November 2025 - (From left) Namibia Sports Commission Chief Administrator Freddy Mwiya; Namibia Deaf Sport Federation (NDSF) president, Abner Shaya, and Commissioner Linekela Paul Nanyeni during the handing over of national colours to the NDSF president ahead of their trip to Japan to compete in their maiden Deaflympics. (Photo by: Hesron Kapanga) NAMPA

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SWAKOPMUND, 11 November 2025 - Executive Director in the Ministry of Works and Transport, Jonas Sheelongo, Namibia Civil Aviation Authority (NCAA) Chief Executive Officer Toska Sam and Technical Coordinator for the SADC Aviation Safety Organisation (SASO) Beloved Mupfururirwa photographed with stakeholders at the Southern African Development Community (SADC) Regional Annex 16 Environmental Workshop in Swakopmund on Tuesday. (Photo by: Isabel Bento) NAMPA

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