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Brent crude rose 0.2% to $96.04 a barrel on November 13, while U.S. benchmark crude fell 0.4% to $88.39. Oil prices were mixed after President Trump said the U.S. did not need a deal with Iran as the Middle East conflict drags on.
Crude remains near $90-$100 on continued Strait of Hormuz disruption, keeping diesel and fertilizer costs elevated for feed production and transport. Without a deal, energy-linked input costs for feed buyers stay high.
ttnews.comChan Ho-Him, Michelle ChapmanNov 13, 2026After 54 past neutral macro events, Crude Oil (Brent) moved a median +0.4% over 5 sessions (57% higher; middle half -2.8% to +2.5%), and +0.6% over 20.
After 102 past neutral macro events, Crude Oil (WTI) moved a median -0.1% over 5 sessions (49% higher; middle half -3.3% to +2.5%), and +1.8% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
