# Brent Crude Rises from 10-Week Low

> Brent crude rose above $94 a barrel on Thursday, extending gains for a second session after hitting a ten-week low of $91.5 on November 10. Trump said the US no longer needs a deal with Iran, while Tehran ruled out removing enriched nuclear material. Saudi Arabia reported a 26% rise in October output, and US crude inventories rose by 4.657 million barrels.

- Date: 2026-11-12 · published 2026-11-12T18:09:25.862Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/95839-brent-crude-rises-from-10-week-low
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Geopolitical tension supports crude prices, but recovering Gulf supply and a US stock build cap the rally. Crude moves feed into diesel, fertilizer and freight costs for feed producers.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Sources

- tradingeconomics.com: https://tradingeconomics.com/commodity/brent-crude-oil/news/600841

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