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Brent traded near $98 per barrel on November 9, down about 10.86% over the week, while US crude was near $91.15, down about 9.77%. Market expert Anil Singhvi said crude could decline to $70–$80 per barrel over the long term.
The reported price decline and forecast point to potentially lower energy and transport costs for feed supply chains, although the forecast is an analyst view rather than a new supply change. Lower crude prices would be bearish for crude benchmarks and related fuels.
zeebiz.comAnubhav MauryaNov 9, 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.
