# Crude Oil Prices Crash! Brent plunges 18% in a week to two-month low; Is $80 next? Anil Singhvi explains

> US crude traded near $86.82 and Brent near $93.62 on Thursday, after a sharp weekly decline of about 15% to 18%. Expectations of an end to the Iran war and recovering supplies drove the selloff. Zee Business editor Anil Singhvi said prices could fall to the $70 to $80 range once the war ends.

- Date: 2026-11-05 · published 2026-11-05T06:06:53.423Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/81130-crude-oil-prices-crash-brent-plunges-18-in-a-week-to-two-month-low-is-80-next
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A weekly drop this large reflects the removal of the war premium, and a fall to $70 to $80 would materially lower energy costs for feed producers. The path still depends on whether the conflict ends.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- zeebiz.com: https://www.zeebiz.com/markets/commodities/news-crude-oil-prices-crash-brent-plunges-18-in-a-week-to-two-month-low-is-80-next-anil-singhvi-explains-405118

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