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WTI futures slipped about 1% on November 9 to just above $90 per barrel, while Indian MCX crude futures fell 0.92%. Oil had risen Friday after Ukraine intensified attacks on Russian refineries, following earlier declines on hopes of progress toward ending the U.S.-Iran war.
The price reflects offsetting risks: attacks on Russian refining infrastructure threaten supply, while prospects for reduced conflict risk weigh on prices. The day’s move was modestly bearish for crude.
capitalmarket.comNov 9, 2026Not 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.
