Oil: Almost 10% Drop in International Prices - Stabilization for Natural Gas
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Brent crude oil fell below the psychological threshold of $100 on the afternoon of Wednesday, November 4, 2026, recording a significant drop in prices.
The international benchmark sank nearly 10% to $93.91, while U.S. West Texas Intermediate lost about 9% to $87.59.
Brent falls below $103 amid expectations of a US-Iran deal. European natural gas remains above €92 per megawatt-hour.
International oil prices are recording a significant de-escalation, with Brent falling below $103 per barrel, as expectations for a diplomatic agreement between the US and Iran increase. At the same time, natural gas in Europe remains at high levels, above 92 euros per megawatt-hour, with low reserves and […] The article Oil: 10% “Dive” in Prices – Alarm in Europe for Natural Gas Ahead of Winter appeared first on Eleftheros Typos.
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