# Oil Prices Swing on Conflicting Iran Signals

> Oil prices swung more than $6 in a choppy session as conflicting signals emerged on US-Iran peace talks. Brent settled below $104 after Iran called the US response to its demands unsatisfactory, undercutting earlier reports of progress. European gas futures also fell, and US midterm voting added to the uncertainty.

- Date: 2026-11-03 · published 2026-11-04T00:10:36.205Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/78573-oil-prices-swing-on-conflicting-iran-signals
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Volatile crude and energy prices raise input and freight costs for feed makers, and the outcome of the US-Iran talks will determine whether energy-driven feed cost pressure eases or returns.

## Read by commodity

- WTI: neutral
- BRENT: neutral
- NATGAS: neutral

## Sources

- rigzone.com: https://www.rigzone.com/news/oil_prices_swing_on_conflicting_iran_signals-03-nov-2026-185001-article/
- rigzone.com: https://www.rigzone.com/news/wire/oil_prices_swing_on_conflicting_iran_signals-03-nov-2026-185001-article/

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