Brent Eases Again Tuesday to $92.33 After Monday's 5.85% Slide as Iran-Related Supply Fears Recede
Sahmino Newsroom | 10 November 2026 | 3 days ago
Bourse News, citing Reuters, reported that Brent crude futures fell 24 cents, or 0.23%, to $92.33 a barrel on Tuesday, November 10, 2026 (19 Aban 1405), while US West Texas Intermediate fell 35 cents, or 0.40%, to $86.50. Brent had closed Monday down 5.85% after dropping to its lowest level in more than two months.
According to the same report, the slide followed President Donald Trump's remark that US military action against Iran is not necessary "at this point", which eased fears of a prolonged disruption to West Asian oil supply. Axios, citing a diplomatic source, reported that Trump and his vice president spoke with Qatar's prime minister about advancing talks with Iran. Reuters also reported that OPEC output rose in October, mainly on higher production in Saudi Arabia, Kuwait and Iraq.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Sahmino's reading
In Sahmino's series Brent closed Monday 9 November at $92.31, its lowest close since 31 August ($90.50), and stood at an intraday $90.77 at 11:34 on Tuesday, 22.2% below the 23 October close of $116.67. Tuesday's figure is not a settled close.
Since this story was published, Brent Crude rose 4.6 percent, to 96.24 dollars.
Over the same days, Gold ounce fell 3.7 percent, to 3,885 dollars.
- Brent Crude
- +4.6%
- Gold ounce
- −3.7%
Prices to the close of 12 November
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