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Crude rebounded from a four-week low, with Brent near $103.60 and WTI near $95.98. Rystad Energy said Gulf crude flows will not normalize soon even with a deal, and Vortexa reported October Hormuz flows fell from September.
Lower Hormuz flows than September support the crude price floor, keeping diesel and fertilizer-linked input costs elevated for feed buyers.
oilprice.comIrina SlavNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
