# Oil Prices Today: Brent Near $92 After 16% Weekly Rout; Is $100 Oil A Thing Of The Past?

> Brent crude extended its decline on Tuesday and traded near $92 a barrel after falling around 6% in the previous session. Investors weighed hopes for a diplomatic resolution between the US and Iran against continued attacks on shipping and reports of further strikes in the region.

- Date: 2026-11-10 · published 2026-11-10T03:08:07.363Z
- Category: geopolitics · region Middle East · magnitude medium
- Page: https://feedsoft.ai/events/90710-oil-prices-today-brent-near-92-after-16-weekly-rout-is-100-oil-a-thing-of-the
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Peace hopes reduce the risk premium on crude, while ongoing attacks and strikes leave the possibility of renewed supply disruption in the market. That tension supports a bearish immediate bias but limits confidence in further declines.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2026-10-29 | [Oil price today: WTI, Brent](https://feedsoft.ai/events/1436-oil-price-today-wti-brent.md) | -5.4% | — |
| 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 | 2026-04-08 | [The Commodities Feed: Oil slumps below $100 after US, Iran agree to two-week ceasefire \| ING THINK](https://feedsoft.ai/events/10459-the-commodities-feed-oil-slumps-below-100-after-us-iran-agree-to-two-week.md) | -13.7% | -8.7% |
| BRENT | 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) | +4.1% | +27.2% |
| BRENT | 2026-04-17 | [Oil price drops below $90 a barrel after Iran says strait of Hormuz is open \| Oil \| The Guardian](https://feedsoft.ai/events/8812-oil-price-drops-below-90-a-barrel-after-iran-says-strait-of-hormuz-is-open-oil.md) | +1.3% | +0.6% |
| WTI | 2026-10-29 | [Oil price today: WTI, Brent](https://feedsoft.ai/events/1436-oil-price-today-wti-brent.md) | -2.3% | — |
| 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 | 2026-04-08 | [The Commodities Feed: Oil slumps below $100 after US, Iran agree to two-week ceasefire \| ING THINK](https://feedsoft.ai/events/10459-the-commodities-feed-oil-slumps-below-100-after-us-iran-agree-to-two-week.md) | -18.9% | -8.3% |

## Sources

- ndtvprofit.com: https://www.ndtvprofit.com/markets/brent-crude-oil-prices-today-92-november-10-wti-after-16-percent-weekly-rout-is-100-oil-a-thing-of-the-past-12305813

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