🌍 WORLD OIL PRICE UPDATE –
NOVEMBER 5, 2026
🛢️ Global Crude Oil Prices
🇬🇧 Brent Crude: $93.77 per barrel
🇺🇸 WTI Crude: $87.31 per barrel
📉 Brent Change: -9.49%
📉 WTI Change: -0.92%

📊 Market Update:

Global oil prices are declining sharply amid hopes of reduced tensions in the Middle East and progress toward diplomatic negotiations involving Iran.
Lower crude oil prices could help reduce global inflation and fuel costs.
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