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Wednesday
04
Nov 2026
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> Brent crude

> Brent crude

Oil: Brent nears three-week low as markets assess potential developments in US-Iran relations

Brent fell to as low as $101.7 a barrel after the US midterm elections concluded

Brent crude tops $112 as European gas prices remain near four-year highs

Geopolitical tensions are increasing the risk of further price rises for oil and natural gas

Europe to release huge share of its diesel reserves, says Trump, as G7 puts 100 million barrels on the market

US President says Europe has agreed to release a large share of its strategic diesel reserves, while the G7 says 100 million barrels will reach the market over the next four months

The average price of unleaded gasoline reached 2.2 euros, while the price of diesel rose to 2.21 euros

Brent crude, after a brief decline, is trading above the $100 mark again today, at $101.50 a barrel

Oil hits $100 a barrel for the first time since May, putting pressure on bonds

Houthi attacks in the Red Sea intensified fears of further disruptions to global supply and a renewed wave of inflation worldwide