# Crude Oil Prices Fall: Brent slips below $92, WTI under $86; will prices slide towards $75 by December?

> Brent traded at $91.73, down 1.11% on the day and 2.05% on the week, while WTI was at $85.72. Both benchmarks remain more than 20% (Brent) and nearly 20% (WTI) below their October highs. Analysts expect prices to stay under pressure toward year-end if geopolitical tensions ease and supply recovers.

- Date: 2026-11-12 · published 2026-11-12T12:10:15.808Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/95401-crude-oil-prices-fall-brent-slips-below-92-wti-under-86-will-prices-slide
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A sustained slide in crude lowers costs for biofuel feedstocks and freight, which can soften soybean oil and ethanol-linked corn demand support. For feed buyers, the lower energy backdrop reduces upward cost pressure on processing and transport.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2024-09-18 | [Crude oil prices today: WTI, Brent lower as Fed cuts rates](https://feedsoft.ai/events/28216-crude-oil-prices-today-wti-brent-lower-as-fed-cuts-rates.md) | +1.5% | -0.2% |
| BRENT | 2022-07-01 | [Oil prices fall due to recession worries](https://feedsoft.ai/events/40409-oil-prices-fall-due-to-recession-worries.md) | -7.1% | -7.6% |
| BRENT | 2020-09-07 | [Brent Crude Tumbles Below $40 in Wake of Souring Demand Outlook - Bloomberg](https://feedsoft.ai/events/7473-brent-crude-tumbles-below-40-in-wake-of-souring-demand-outlook-bloomberg.md) | -6.1% | -7.7% |
| BRENT | 2020-04-27 | [U.S. oil plunges 25%, Brent falls below $20 a barrel \| Reuters](https://feedsoft.ai/events/53810-u-s-oil-plunges-25-brent-falls-below-20-a-barrel-reuters.md) | +19.9% | +86.8% |
| BRENT | 2018-12-20 | [Oil demand flashes red, sending crude prices even lower](https://feedsoft.ai/events/11080-oil-demand-flashes-red-sending-crude-prices-even-lower.md) | -8.1% | +10.6% |
| WTI | 2024-09-18 | [Crude oil prices today: WTI, Brent lower as Fed cuts rates](https://feedsoft.ai/events/28216-crude-oil-prices-today-wti-brent-lower-as-fed-cuts-rates.md) | +0.3% | -1.2% |
| WTI | 2022-10-31 | [Canadian dollar slips to six-day low as oil prices fall - The Globe and Mail](https://feedsoft.ai/events/39347-canadian-dollar-slips-to-six-day-low-as-oil-prices-fall-the-globe-and-mail.md) | +5.4% | -12.2% |
| WTI | 2022-07-01 | [Oil prices fall due to recession worries](https://feedsoft.ai/events/40409-oil-prices-fall-due-to-recession-worries.md) | -0.9% | -6.2% |

## Sources

- zeebiz.com: https://www.zeebiz.com/markets/commodities/news-crude-oil-prices-fall-brent-slips-below-92-wti-under-86-will-prices-slide-towards-75-by-december-405452

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