According to @KobeissiLetter, crude oil prices extended losses to nearly negative 5 percent intraday as President Trump reiterated his goal for 2.00 dollar per gallon gasoline. Source: @KobeissiLetter on X, Nov 12, 2025. The sharp selloff underscores elevated near-term downside risk and volatility in energy markets that traders should monitor across front-month contracts and related exposures. Source: @KobeissiLetter on X, Nov 12, 2025.