# Oil prices reflect unsteady hope of de-escalation in the Middle East - Oklahoma Energy Today

> Brent crude closed at $95.87 a barrel and WTI at $88.59 on Friday, with both benchmarks posting slight gains. Iran moved to block International Atomic Energy Agency access to its enriched uranium stockpile and ruled out engagement with inspectors, while U.S.-mediated Ukraine-Russia talks continued without a breakthrough.

- Date: 2026-11-14 · published 2026-11-14T18:09:26.370Z
- Category: geopolitics · region Global · magnitude low
- Page: https://feedsoft.ai/events/99714-oil-prices-reflect-unsteady-hope-of-de-escalation-in-the-middle-east-oklahoma
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Crude has fallen roughly 20% from its late-October peak of $118 on de-escalation hopes, and any settlement or renewed escalation in the Gulf would move energy input costs for feed producers and the soy oil and biofuel complex.

## Read by commodity

- WTI: neutral
- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2018-12-07 | [Who really influences the price of oil?](https://feedsoft.ai/events/61732-who-really-influences-the-price-of-oil.md) | +2.2% | -2.9% |
| BRENT | 2026-04-29 | [In five charts: How UAE's exit could affect Opec's influence over the oil price](https://feedsoft.ai/events/19884-in-five-charts-how-uae-s-exit-could-affect-opec-s-influence-over-the-oil-price.md) | -1.9% | -16.4% |
| BRENT | 2024-04-23 | [The Commodities Feed: Middle East tensions ease \| articles \| ING THINK](https://feedsoft.ai/events/30699-the-commodities-feed-middle-east-tensions-ease-articles-ing-think.md) | +1.5% | -5.0% |
| BRENT | 2025-11-30 | [OPEC+ ministers reaffirm earlier decisions on oil production in 2026 -  Business & Economy - TASS](https://feedsoft.ai/events/21873-opec-ministers-reaffirm-earlier-decisions-on-oil-production-in-2026-business.md) | +0.7% | -1.8% |
| BRENT | 2026-01-30 | [Market Talk \| War, Peace, And Mixed Signals: Energy Prices React To A Turbulent Week](https://feedsoft.ai/events/5925-market-talk-war-peace-and-mixed-signals-energy-prices-react-to-a-turbulent-week.md) | -3.0% | +0.5% |
| WTI | 2018-12-07 | [Who really influences the price of oil?](https://feedsoft.ai/events/61732-who-really-influences-the-price-of-oil.md) | +2.2% | -6.2% |
| WTI | 2026-04-29 | [In five charts: How UAE's exit could affect Opec's influence over the oil price](https://feedsoft.ai/events/19884-in-five-charts-how-uae-s-exit-could-affect-opec-s-influence-over-the-oil-price.md) | +2.2% | -10.9% |
| WTI | 2025-06-12 | [Market Talk \| Biggest Rally of the Year Stalled Amid Middle East Tensions](https://feedsoft.ai/events/7759-market-talk-biggest-rally-of-the-year-stalled-amid-middle-east-tensions.md) | +10.2% | -1.9% |

## Sources

- okenergytoday.com: https://okenergytoday.com/2026/11/oil-prices-reflect-unsteady-hope-of-de-escalaton-in-the-middle-east/

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