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Brent Plummets More than 4% and Operates Below Dls. 100

The market expects the U.S. and Iran to reach a diplomatic solution to the conflict that has disrupted global energy supply for eight months

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The market expects the U.S. and Iran to reach a diplomatic solution to the conflict that has disrupted global energy supply for eight months

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The price of Brent oil fell below $94 per barrel for the first time since the beginning of September, losing almost 10% of the value. At 20:32 ms, the price of the January futures on Brent oil dropped by 9.49 per cent relative to the previous closure and amounted to $93.77 per barrel, transfers RIA News. At the same time, the value of the December futures on the WTI brand dropped by 8.89 per cent, reaching a mark of $87.55 per barrel. According …

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Oil and gas prices fell sharply on Wednesday. This happened after Donald Trump said that the likelihood of attacks on Iran is decreasing. As a result, a barrel of Brent crude costs less than 100 dollars for the first time since early October.

·Apeldoorn, Netherlands (Kingdom of the)
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LONDON (ANP/BLOOMBERG/AFP) - Oil and gas prices fell sharply on Wednesday. This happened after Donald Trump said that the likelihood of attacks on Iran is decreasing. As a result, a barrel of Brent crude costs less than 100 dollars for the first time since early October. A barrel of Brento...

In this light, Brent is down 8.4% to $94.85, while US West Texas Intermediate is down 7.67% to $88.7.

Oil recorded a sharp decline on Wednesday afternoon (4.11.2026), with Brent falling below the psychological threshold of $100, as ... The article Oil: The $100 "barrier" was broken, Brent plummets to $94 was published on NewsIT.

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Newsit.gr broke the news on Wednesday, November 4, 2026.
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