# Why are Oil prices pulling back if US-Iran peace talks seem dead?

> WTI crude fell below $87 on Friday, reversing a rebound on Thursday. US EIA data showed an unexpected 4.657 million barrel build in crude stocks for the week ending November 6, against expectations of a drawdown.

- Date: 2026-11-13 · published 2026-11-13T15:09:59.330Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/97975-why-are-oil-prices-pulling-back-if-us-iran-peace-talks-seem-dead
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md)

## Why it matters

Expectations of a steeper Fed tightening cycle that could curb US oil demand, plus a surprise inventory build, are pressuring crude prices despite stalled Middle East talks. Lower crude feeds through to diesel and biofuel input costs for feed producers.

## Read by commodity

- WTI: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-10-06 | [Why are oil prices suddenly dropping?](https://feedsoft.ai/events/7364-why-are-oil-prices-suddenly-dropping.md) | +0.7% | +0.7% |
| WTI | 2023-07-04 | [Why are OPEC+ supply cuts failing to boost oil prices?](https://feedsoft.ai/events/34941-why-are-opec-supply-cuts-failing-to-boost-oil-prices.md) | +7.3% | +16.7% |
| WTI | 2025-05-06 | [Why oil prices are falling and what it means for the economy : NPR](https://feedsoft.ai/events/24843-why-oil-prices-are-falling-and-what-it-means-for-the-economy-npr.md) | +8.3% | +10.0% |
| WTI | 2026-07-20 | [Why oil prices haven't gone crazy despite 5 months of US-Iran war \| Reuters](https://feedsoft.ai/events/9930-why-oil-prices-haven-t-gone-crazy-despite-5-months-of-us-iran-war-reuters.md) | +9.4% | +0.4% |
| WTI | 2024-11-19 | [What do Diesel and Gasoline Tell us About Oil Prices?](https://feedsoft.ai/events/27582-what-do-diesel-and-gasoline-tell-us-about-oil-prices.md) | -0.2% | +1.3% |
| DIESEL | 2025-05-06 | [Why oil prices are falling and what it means for the economy : NPR](https://feedsoft.ai/events/24843-why-oil-prices-are-falling-and-what-it-means-for-the-economy-npr.md) | +6.7% | +6.1% |
| DIESEL | 2024-11-19 | [What do Diesel and Gasoline Tell us About Oil Prices?](https://feedsoft.ai/events/27582-what-do-diesel-and-gasoline-tell-us-about-oil-prices.md) | -0.7% | -1.3% |
| DIESEL | 2026-07-07 | [Oil prices settle at pre-Iran war levels as crude output grows](https://feedsoft.ai/events/18255-oil-prices-settle-at-pre-iran-war-levels-as-crude-output-grows.md) | +16.4% | +17.7% |

## Sources

- fxstreet.com: https://www.fxstreet.com/news/wti-oil-trims-gains-and-eases-below-87-amid-bets-of-a-steeper-fed-tightening-cycle-202611131141

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