# Before the Bell: What every Canadian investor needs to know today - The Globe and Mail

> Global equities rose in early trading as investors awaited Apple earnings, while oil prices slid after talks between Iranian and Qatari mediators on ending the U.S.-Israeli war on Iran. Brent crude futures fell about 4.5%.

- Date: 2026-11-02 · published 2026-11-02T12:08:52.570Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/75366-before-the-bell-what-every-canadian-investor-needs-to-know-today-the-globe-and
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Easing hopes for an end to the Iran conflict reduce the Middle East supply-risk premium on crude, which lowers diesel and energy input costs and can ease feed-ingredient and freight pricing over time.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-06-21 | [OPEC ready to put more oil into a market that very much needs it - FreightWaves](https://feedsoft.ai/events/64698-opec-ready-to-put-more-oil-into-a-market-that-very-much-needs-it-freightwaves.md) | +3.2% | -3.8% |
| BRENT | 2026-04-08 | [Big petrol and diesel price relief on the cards – Daily Investor](https://feedsoft.ai/events/10135-big-petrol-and-diesel-price-relief-on-the-cards-daily-investor.md) | -13.7% | -8.7% |
| BRENT | 2020-03-09 | [AP Explains: The oil market meltdown and its global impact \| AP News](https://feedsoft.ai/events/4420-ap-explains-the-oil-market-meltdown-and-its-global-impact-ap-news.md) | -27.3% | -36.6% |
| BRENT | 2025-06-24 | [Oil prices are falling so much it’s now cheaper than it was before the Iran-Israel conflict \| CNN Business](https://feedsoft.ai/events/9614-oil-prices-are-falling-so-much-it-s-now-cheaper-than-it-was-before-the-iran.md) | -6.9% | -3.2% |
| BRENT | 2020-07-15 | [OPEC and allies to ease cuts, allow more oil production \| AP News](https://feedsoft.ai/events/52002-opec-and-allies-to-ease-cuts-allow-more-oil-production-ap-news.md) | +3.2% | +2.7% |
| WTI | 2018-06-21 | [OPEC ready to put more oil into a market that very much needs it - FreightWaves](https://feedsoft.ai/events/64698-opec-ready-to-put-more-oil-into-a-market-that-very-much-needs-it-freightwaves.md) | +14.9% | +5.2% |
| WTI | 2026-04-08 | [Big petrol and diesel price relief on the cards – Daily Investor](https://feedsoft.ai/events/10135-big-petrol-and-diesel-price-relief-on-the-cards-daily-investor.md) | -18.9% | -8.3% |
| WTI | 2020-03-09 | [AP Explains: The oil market meltdown and its global impact \| AP News](https://feedsoft.ai/events/4420-ap-explains-the-oil-market-meltdown-and-its-global-impact-ap-news.md) | -23.0% | -31.2% |

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/investing/markets/inside-the-market/article-before-the-bell-what-every-canadian-investor-needs-to-know-today-1593/

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