Brent Flash Crashes $6 Before Rebounding Towards $104
9 Articles
9 Articles
Oil prices went down Tuesday night against the backdrop of US President Donald Trump's new statements.
World oil prices show a decline of 2 - 3 per cent, the value of the Brent barrel has fallen below $102 for the first time since October 8. The January Brent oil futures have moved by 3.09 per cent relative to the previous closure, with a price of $101.53 per barrel, giving RIA News. The Decabre futures on WTI have dropped by $2.33 per cent, to $94.23 per barrel. According to the WZGLAD newspaper, on Monday, the cost of the Brent oil futures on t…
Brent Flash Crashes $6 Before Rebounding Towards $104
Brent crude plunged more than $6 per barrel Tuesday morning, falling from $107.24 to $100.80 before recovering to around $104 shortly after 10 a.m. Eastern, as traders reacted to a succession of conflicting reports about U.S.-Iran peace negotiations. The selloff followed Monday's 7.6% decline, which left Brent at $104.77. Prices initially rebounded overnight after reports of U.S. strikes on Iran's Qeshm Island, near the Strait of Hormuz, before …
Brent Crude $104, Lowest Since 7 Oct: Bull $110, Bear $100
Updated 4 November 2026, 06:35 GMT. Brent crude futures are trading at $104.05 a barrel on Wednesday, up 0.4 percent from Tuesday's settlement of $103.60 (Yahoo Finance, ICE data). That settlement was down $1.17 and the lowest close since 7 October (CNBC, Mitrade), as traders bet on a US-Iran settlement. Overnight, Democrats won the House in the midterms, and an industry survey showed a 5.3 million barrel US crude draw. Verdict: futures are trad…
Oil Prices Today: Brent Crude Hovers Near $104 Amid Uncertainty Over US-Iran Peace Talks
Qatar's Foreign Ministry spokesperson said the two sides were considering fresh proposals from mediators to resolve their differences. However, Iran's national security chief said in a social media post that Washington's response to the proposals was still not satisfactory.
December futures at WTI at the same time were 2.33% less than $94.23 a barrel.
Coverage Details
Bias Distribution
- 67% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
