# Oil Price Today (November 9): Crude oil falls below $100 again as Trump says fresh attacks ‘highly unlikely’. What are experts saying?

> Brent and WTI fell on Monday as traders weighed the prospect of a diplomatic resolution to the US-Iran conflict. Trump said further military action was highly unlikely if negotiations made progress, following a sharp weekly decline in crude prices.

- Date: 2026-11-09 · published 2026-11-09T03:08:18.323Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/88510-oil-price-today-november-9-crude-oil-falls-below-100-again-as-trump-says-fresh
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Reduced expectations of escalation lower the risk premium in crude, while ongoing regional attacks leave the possibility of supply disruption in the market.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2024-04-18 | [Crude oil prices today: WTI falls below $83 as war fear eases](https://feedsoft.ai/events/30929-crude-oil-prices-today-wti-falls-below-83-as-war-fear-eases.md) | +0.5% | -4.3% |
| WTI | 2026-07-01 | [U.S. crude oil falls below $70, resuming losses after attack on cargo ship near Oman](https://feedsoft.ai/events/18993-u-s-crude-oil-falls-below-70-resuming-losses-after-attack-on-cargo-ship-near.md) | +1.4% | +14.5% |
| WTI | 2026-03-08 | [Oil prices fall as Trump weighs taking over Strait of Hormuz](https://feedsoft.ai/events/6633-oil-prices-fall-as-trump-weighs-taking-over-strait-of-hormuz.md) | +8.5% | +25.0% |
| WTI | 2026-03-10 | [Oil and gas prices fall after Trump says war is 'very complete' - BBC News](https://feedsoft.ai/events/9387-oil-and-gas-prices-fall-after-trump-says-war-is-very-complete-bbc-news.md) | -1.3% | +20.4% |
| WTI | 2024-09-03 | [Crude oil prices today: WTI erases all 2024 gains](https://feedsoft.ai/events/12385-crude-oil-prices-today-wti-erases-all-2024-gains.md) | -6.6% | -7.6% |
| BRENT | 2024-04-18 | [Crude oil prices today: WTI falls below $83 as war fear eases](https://feedsoft.ai/events/30929-crude-oil-prices-today-wti-falls-below-83-as-war-fear-eases.md) | +0.1% | -8.0% |
| BRENT | 2026-07-01 | [U.S. crude oil falls below $70, resuming losses after attack on cargo ship near Oman](https://feedsoft.ai/events/18993-u-s-crude-oil-falls-below-70-resuming-losses-after-attack-on-cargo-ship-near.md) | +1.8% | +18.3% |
| BRENT | 2026-03-08 | [Oil prices fall as Trump weighs taking over Strait of Hormuz](https://feedsoft.ai/events/6633-oil-prices-fall-as-trump-weighs-taking-over-strait-of-hormuz.md) | +9.5% | +25.6% |

## Sources

- economictimes.indiatimes.com: https://economictimes.indiatimes.com/markets/commodities/news/oil-price-today-november-9-crude-oil-falls-below-100-again-as-trump-says-fresh-attacks-highly-unlikely-what-are-experts-saying/articleshow/135668247.cms
- m.economictimes.com: https://m.economictimes.com/markets/commodities/news/oil-price-today-november-9-crude-oil-falls-below-100-again-as-trump-says-fresh-attacks-highly-unlikely-what-are-experts-saying/amp_articleshow/135668247.cms

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