# Brent Falls as Gas and Power Resist Energy Sell-Off – EnergyScan

> Brent slipped below $97/bbl as markets priced in reduced Iran-related risk and stronger supply, including a reported 930 kb/d rise in OPEC output in October. European gas rebounded, while low renewable generation supported higher power prices in Central Western Europe; shipping and infrastructure incidents remained risks but were viewed as isolated disruptions.

- Date: 2026-11-09 · published 2026-11-09T15:09:22.666Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/89662-brent-falls-as-gas-and-power-resist-energy-sell-off-energyscan
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

Higher oil production and reduced expectations of escalation weigh on crude prices, while persistent transit risks limit the downside. Tight European gas fundamentals and weak renewable output support gas prices, although the text gives no specific gas price move.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-05-06 | [Brent Crude Price: Oil and gas plunge after report US and Iran near deal to end war](https://feedsoft.ai/events/9582-brent-crude-price-oil-and-gas-plunge-after-report-us-and-iran-near-deal-to-end.md) | -2.3% | -11.1% |
| BRENT | 2025-06-20 | [Diesel and Gas. The Energy Report 06/20/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/8644-diesel-and-gas-the-energy-report-06-20-2025-market-insightsmarket-insights.md) | -13.2% | -10.3% |
| BRENT | 2026-03-10 | [Oil falls after Energy secretary wrongly claims tanker escort](https://feedsoft.ai/events/9388-oil-falls-after-energy-secretary-wrongly-claims-tanker-escort.md) | +4.1% | +27.2% |
| BRENT | 2026-03-25 | [Oil price: WTI, Brent fall as Trump signals Iran talks despite Tehran denial](https://feedsoft.ai/events/8155-oil-price-wti-brent-fall-as-trump-signals-iran-talks-despite-tehran-denial.md) | +15.0% | +1.0% |
| BRENT | 2019-06-24 | [U.S. oil ends higher, but Brent falls as Trump administration announces additional Iran sanctions - MarketWatch](https://feedsoft.ai/events/58755-u-s-oil-ends-higher-but-brent-falls-as-trump-administration-announces.md) | +2.2% | -5.9% |
| WTI | 2026-05-06 | [Brent Crude Price: Oil and gas plunge after report US and Iran near deal to end war](https://feedsoft.ai/events/9582-brent-crude-price-oil-and-gas-plunge-after-report-us-and-iran-near-deal-to-end.md) | +0.0% | -5.8% |
| WTI | 2026-03-10 | [Oil falls after Energy secretary wrongly claims tanker escort](https://feedsoft.ai/events/9388-oil-falls-after-energy-secretary-wrongly-claims-tanker-escort.md) | -1.3% | +20.4% |
| WTI | 2025-06-20 | [Diesel and Gas. The Energy Report 06/20/2025 - Market InsightsMarket Insights](https://feedsoft.ai/events/8644-diesel-and-gas-the-energy-report-06-20-2025-market-insightsmarket-insights.md) | -12.7% | -9.6% |

## Sources

- energyscan.engie.com: https://energyscan.engie.com/daily-news/brent-falls-as-gas-and-power-resist-energy-sell-off/

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