# Oil steadies after Monday's 8% dip – The Irish Times

> Brent steadied near $105 a barrel after falling almost 8% on Monday, while WTI fell below $97 in its biggest decline in three months. US and Iranian officials signalled willingness to pursue peace talks even as US strikes on Qeshm Island continued.

- Date: 2026-11-03 · published 2026-11-03T09:08:14.891Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/77351-oil-steadies-after-monday-s-8-dip-the-irish-times
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Oil prices are swinging on headlines about the Iran war, and higher energy costs raise transport and processing expenses for feed supply chains.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Sources

- irishtimes.com: https://www.irishtimes.com/business/markets/2026/11/03/oil-steadies-after-mondays-8-dip/

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