Brent Crude Oil News Today, Nov 12: Impact of U.S. Shutdown Resolution

Brent crude oil prices have been in the spotlight today as the resolution of the U.S. government shutdown brought significant market movements. The prices have experienced notable volatility, influenced not only by the shutdown decision but also by complications in the global supply chain. Lukoil’s ‘Force Majeure’ declaration on deliveries from Iraq has further muddied the waters, adding uncertainty to the already complex oil market. Here’s what investors need to know about these developments and their potential impacts moving forward.