# Brent crude rebounds above $97 as energy prices recover some losses

> Brent crude rose about 2.7% to $97.20 a barrel after three sessions of losses, having fallen more than 8% on Wednesday to near a two-month low. European natural gas gained about 1.5% to €89.35 per megawatt-hour after dipping toward €85.

- Date: 2026-11-05 · published 2026-11-05T15:07:44.098Z
- Category: macro · region Global · magnitude medium
- Page: https://feedsoft.ai/events/81912-brent-crude-rebounds-above-97-as-energy-prices-recover-some-losses
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Energy prices swung on the US midterm result and hopes of a diplomatic end to the US-Iran war, but disrupted Gulf LNG deliveries and depleted European storage keep upside risk for diesel and feed-related costs.

## Read by commodity

- BRENT: bullish ▲
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-02-05 | [Colombian peso recovers as price of Brent crude rises \| The City Paper Bogotá](https://feedsoft.ai/events/66753-colombian-peso-recovers-as-price-of-brent-crude-rises-the-city-paper-bogota.md) | -7.5% | -5.4% |
| BRENT | 2026-04-30 | [Global energy costs rise as Iran war affects Brent crude oil price \| AP News](https://feedsoft.ai/events/19893-global-energy-costs-rise-as-iran-war-affects-brent-crude-oil-price-ap-news.md) | -15.3% | -21.9% |
| BRENT | 2024-01-30 | [Crude oil prices today: WTI, Brent rise after IMF forecast](https://feedsoft.ai/events/32274-crude-oil-prices-today-wti-brent-rise-after-imf-forecast.md) | -5.5% | +0.1% |
| BRENT | 2024-01-26 | [Crude oil prices today: WTI, Brent on pace for weekly gain](https://feedsoft.ai/events/32275-crude-oil-prices-today-wti-brent-on-pace-for-weekly-gain.md) | -2.4% | +2.9% |
| BRENT | 2026-03-06 | [Palm oil prices rise 4% as higher energy costs lift biofuel spread margins \| S&P Global](https://feedsoft.ai/events/20269-palm-oil-prices-rise-4-as-higher-energy-costs-lift-biofuel-spread-margins-s-and.md) | +16.6% | +35.6% |
| NATGAS | 2021-10-06 | [Sterling volatility jumps as soaring energy prices knock pound \| Reuters](https://feedsoft.ai/events/44810-sterling-volatility-jumps-as-soaring-energy-prices-knock-pound-reuters.md) | -14.5% | -14.3% |
| NATGAS | 2020-12-28 | [Supply Crunch, Brexit Deal Push Global Gas Prices Higher -- LNG Recap](https://feedsoft.ai/events/49820-supply-crunch-brexit-deal-push-global-gas-prices-higher-lng-recap.md) | -0.3% | +3.7% |
| NATGAS | 2021-01-14 | [What the Rally in Gas Prices Tells us about Gas Markets and Energy Security](https://feedsoft.ai/events/49334-what-the-rally-in-gas-prices-tells-us-about-gas-markets-and-energy-security.md) | -10.2% | +55.7% |

## Sources

- aa.com.tr: https://www.aa.com.tr/en/economy/brent-crude-rebounds-above-97-as-energy-prices-recover-some-losses/4113066

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