# Oil Prices Head for Second Weekly Loss Despite Fresh Middle East Attacks

> Crude oil prices were on course for a second weekly loss, with Brent at $95.87 and WTI at $88.49 after two days of gains. Iranian attacks on tankers in the Strait of Hormuz continued, and Houthi strikes targeted Saudi energy sites, including a pumping station on the East-West pipeline and a facility at Yanbu. Chances of a peace deal with Iran were described as remote.

- Date: 2026-11-13 · published 2026-11-13T09:10:18.694Z
- Category: geopolitics · region Middle East · magnitude low
- Page: https://feedsoft.ai/events/97511-oil-prices-head-for-second-weekly-loss-despite-fresh-middle-east-attacks
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Continued disruption to Gulf crude and fuel flows keeps energy costs elevated, which raises freight, fertilizer and biofuel input costs for feed producers. Prices remain well above pre-war levels, but the weekly trend is lower.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-07-13 | [Oil falls for second week as supply concerns ease](https://feedsoft.ai/events/10098-oil-falls-for-second-week-as-supply-concerns-ease.md) | -1.4% | -2.7% |
| BRENT | 2018-07-13 | [Oil rises but declines for the week as supply concerns ease](https://feedsoft.ai/events/10095-oil-rises-but-declines-for-the-week-as-supply-concerns-ease.md) | -1.4% | -2.7% |
| BRENT | 2019-09-16 | [OPEC says too early for any action on oil after Saudi attacks](https://feedsoft.ai/events/57001-opec-says-too-early-for-any-action-on-oil-after-saudi-attacks.md) | +6.6% | -0.3% |
| BRENT | 2026-06-01 | [EXCLUSIVE: OPEC+ set for another oil output quota hike despite Hormuz closure, sources say](https://feedsoft.ai/events/19155-exclusive-opec-set-for-another-oil-output-quota-hike-despite-hormuz-closure.md) | +2.9% | -23.1% |
| BRENT | 2025-06-23 | [Update: oil prices fall back after short-lived surge in early trading - FreightWaves](https://feedsoft.ai/events/8645-update-oil-prices-fall-back-after-short-lived-surge-in-early-trading.md) | -11.9% | -9.9% |
| WTI | 2018-07-13 | [Oil falls for second week as supply concerns ease](https://feedsoft.ai/events/10098-oil-falls-for-second-week-as-supply-concerns-ease.md) | -1.2% | -5.0% |
| WTI | 2018-07-13 | [Oil rises but declines for the week as supply concerns ease](https://feedsoft.ai/events/10095-oil-rises-but-declines-for-the-week-as-supply-concerns-ease.md) | -1.2% | -5.0% |
| WTI | 2019-09-16 | [OPEC says too early for any action on oil after Saudi attacks](https://feedsoft.ai/events/57001-opec-says-too-early-for-any-action-on-oil-after-saudi-attacks.md) | +5.8% | -0.1% |

## Sources

- oilprice.com: https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Head-for-Second-Weekly-Loss-Despite-Fresh-Middle-East-Attacks.html

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