# Today's fuel prices (November 2): Global oil prices trend higher · Stockbiz

> Brent rose 2.4% to $113.43 and WTI rose 2.1% to $104.12 at the close of the last session of the week. An oil tanker in the Strait of Hormuz was struck by an explosive device attached by a small boat, and the US Embassy in Riyadh ordered non-emergency staff to leave.

- Date: 2026-11-01 · published 2026-11-02T03:08:19.927Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/74658-today-s-fuel-prices-november-2-global-oil-prices-trend-higher-stockbiz
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Attacks on tankers and regional energy facilities threaten crude flows through Hormuz, supporting crude prices and the diesel and fuel costs that feed into farm and transport costs.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-03-24 | [Global diesel shortage pushes oil prices higher](https://feedsoft.ai/events/5943-global-diesel-shortage-pushes-oil-prices-higher.md) | -8.0% | -13.5% |
| BRENT | 2016-12-02 | [Global LNG prices hit 2016 high as OPEC agrees oil output cut](https://feedsoft.ai/events/73632-global-lng-prices-hit-2016-high-as-opec-agrees-oil-output-cut.md) | +2.7% | +8.1% |
| BRENT | 2018-07-02 | [What higher oil prices mean for OPEC and the U.S. \| Brookings](https://feedsoft.ai/events/63956-what-higher-oil-prices-mean-for-opec-and-the-u-s-brookings.md) | -3.1% | -4.9% |
| BRENT | 2024-01-31 | [Crude oil prices today: Oil posts first positive month since September](https://feedsoft.ai/events/32276-crude-oil-prices-today-oil-posts-first-positive-month-since-september.md) | -4.8% | +0.3% |
| BRENT | 2019-09-20 | [Ringgit higher at opening, tracking higher crude oil prices \| Malay Mail](https://feedsoft.ai/events/57342-ringgit-higher-at-opening-tracking-higher-crude-oil-prices-malay-mail.md) | -3.0% | -7.3% |
| WTI | 2022-03-24 | [Global diesel shortage pushes oil prices higher](https://feedsoft.ai/events/5943-global-diesel-shortage-pushes-oil-prices-higher.md) | -6.2% | -9.6% |
| WTI | 2016-12-02 | [Global LNG prices hit 2016 high as OPEC agrees oil output cut](https://feedsoft.ai/events/73632-global-lng-prices-hit-2016-high-as-opec-agrees-oil-output-cut.md) | -0.5% | +5.2% |
| WTI | 2018-07-02 | [What higher oil prices mean for OPEC and the U.S. \| Brookings](https://feedsoft.ai/events/63956-what-higher-oil-prices-mean-for-opec-and-the-u-s-brookings.md) | -0.3% | -4.5% |

## Sources

- stockbiz.vn: https://stockbiz.vn/en/news/todays-fuel-prices-november-2-global-oil-prices-trend-higher/42574437

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.