# Oil prices on November 3: Brent, WTI, Urals

> Oil prices rose on Tuesday, November 3, after reports that the US struck Iran's Qeshm Island, raising concern about escalation of the eight-month conflict and supply disruptions from the Middle East. Brent was quoted at $96.66 and WTI at $104.80 in the price table, with Urals at $101.12, and both benchmarks had fallen more than 7% on Monday.

- Date: 2026-11-03 · published 2026-11-03T09:08:07.536Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/77349-oil-prices-on-november-3-brent-wti-urals
- 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

Analysts note the market has already priced in much of the geopolitical risk, so headlines alone may not sustain gains without physical supply disruption. Crude levels remain high enough to keep diesel and fertiliser costs elevated.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲
- DIESEL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2022-01-25 | [Oil Prices for Jan. 26, 2022: Brent Crude, WTI - Bloomberg](https://feedsoft.ai/events/43302-oil-prices-for-jan-26-2022-brent-crude-wti-bloomberg.md) | +5.5% | +10.6% |
| BRENT | 2022-02-28 | [Oil Prices for Mar. 01, 2022: Brent Crude, WTI - Bloomberg](https://feedsoft.ai/events/42854-oil-prices-for-mar-01-2022-brent-crude-wti-bloomberg.md) | +23.1% | +23.8% |
| BRENT | 2023-10-09 | [Brent, WTI prices jump after Hamas attack on Israel](https://feedsoft.ai/events/9279-brent-wti-prices-jump-after-hamas-attack-on-israel.md) | +7.4% | +0.0% |
| BRENT | 2024-02-27 | [Crude oil prices today: WTI, Brent rise on Gaza cease-fire uncertainty](https://feedsoft.ai/events/31852-crude-oil-prices-today-wti-brent-rise-on-gaza-cease-fire-uncertainty.md) | +1.7% | +3.8% |
| BRENT | 2018-06-25 | [Take a look at the WTI and Brent crude oil prices after OPEC \| IG South Africa](https://feedsoft.ai/events/64676-take-a-look-at-the-wti-and-brent-crude-oil-prices-after-opec-ig-south-africa.md) | +5.1% | -2.8% |
| WTI | 2022-01-25 | [Oil Prices for Jan. 26, 2022: Brent Crude, WTI - Bloomberg](https://feedsoft.ai/events/43302-oil-prices-for-jan-26-2022-brent-crude-wti-bloomberg.md) | +5.6% | +9.6% |
| WTI | 2022-02-28 | [Oil Prices for Mar. 01, 2022: Brent Crude, WTI - Bloomberg](https://feedsoft.ai/events/42854-oil-prices-for-mar-01-2022-brent-crude-wti-bloomberg.md) | +26.3% | +25.9% |
| WTI | 2023-10-09 | [Brent, WTI prices jump after Hamas attack on Israel](https://feedsoft.ai/events/9279-brent-wti-prices-jump-after-hamas-attack-on-israel.md) | +5.9% | -2.2% |

## Sources

- delo.ua: https://delo.ua/news/cina-nafti-na-3-listopada-cina-na-naftu-brent-wti-urals-475586/

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