Oil Falls $26 in November, Holds Above $90 as Brent Tops $89

Oil prices dropped $26 in November, with Brent reaching $89 for the first time since August before paring losses. The decline reflects easing supply concerns, but prices remain above $90, indicating persistent market tightness. The slowdown in the pace of decline at session end suggests some buying support, but the overall trend is bearish for the month.

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