# Crude Oil Price: Brent falls 11% in 1 week to $98: Anil Singhvi predicts $70-$80; What should investors watch?

> 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.

- Date: 2026-11-09 · published 2026-11-09T06:08:48.171Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/88770-crude-oil-price-brent-falls-11-in-1-week-to-98-anil-singhvi-predicts-70-80-what
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

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.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Sources

- zeebiz.com: https://www.zeebiz.com/markets/commodities/news-crude-oil-price-brent-falls-11-in-1-week-to-98-anil-singhvi-predicts-70-80-what-should-investors-watch-405305

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