# Oil retreats as U.S. president signals de-escalation with Iran amid rising output

> Crude futures eased after President Trump said the Iran conflict was likely to end soon and was effectively over, following talks with Qatar’s prime minister. A Reuters survey also found OPEC output rose by 1.38 million barrels per day in October to 22.87 million barrels per day, about 90% of pre-conflict levels.

- Date: 2026-11-10 · published 2026-11-10T09:23:20.609Z
- Category: geopolitics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/91564-oil-retreats-as-u-s-president-signals-de-escalation-with-iran-amid-rising-output
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Reduced conflict risk and recovering OPEC production both point to greater available supply and a smaller crude risk premium, putting downward pressure on oil prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2025-06-23 | [Oil prices tumble as Iran signals de-escalation with limited missile attack \| AP News](https://feedsoft.ai/events/9613-oil-prices-tumble-as-iran-signals-de-escalation-with-limited-missile-attack-ap.md) | -12.2% | -9.7% |
| WTI | 2026-02-01 | [Oil settles down over 4% on US-Iran de-escalation, easing supply worries \| Reuters](https://feedsoft.ai/events/8794-oil-settles-down-over-4-on-us-iran-de-escalation-easing-supply-worries-reuters.md) | -1.6% | +9.9% |
| WTI | 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) | +10.2% | +1.3% |
| WTI | 2025-06-22 | [Oil Futures Sink As Iranian Retaliation Seen Weak - WSJ](https://feedsoft.ai/events/10000-oil-futures-sink-as-iranian-retaliation-seen-weak-wsj.md) | -12.2% | -9.7% |
| WTI | 2026-03-10 | [Oil dives, settles down 11% after Trump predicts Middle East de-escalation \| Reuters](https://feedsoft.ai/events/6628-oil-dives-settles-down-11-after-trump-predicts-middle-east-de-escalation-reuters.md) | -1.3% | +20.4% |
| BRENT | 2025-06-23 | [Oil prices tumble as Iran signals de-escalation with limited missile attack \| AP News](https://feedsoft.ai/events/9613-oil-prices-tumble-as-iran-signals-de-escalation-with-limited-missile-attack-ap.md) | -11.9% | -9.9% |
| BRENT | 2026-02-01 | [Oil settles down over 4% on US-Iran de-escalation, easing supply worries \| Reuters](https://feedsoft.ai/events/8794-oil-settles-down-over-4-on-us-iran-de-escalation-easing-supply-worries-reuters.md) | -3.1% | +0.6% |
| 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% |

## Sources

- tradevae.com: https://tradevae.com/news/commodities/oil-retreats-as-us-president-signals-de-escalation-with-iran-amid-rising-output/

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