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What happened next?Continue in this file · Oil: prices and Middle East supply risks
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Oil: Brent finishes Friday at $98.32, WTI at $90.83

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Brent for January delivery settled on 6 November 2026 at $98.32 a barrel, while December WTI settled at $90.83, according to Bloomberg and EnergyNow. Both contracts rose slightly from the previous day despite a sharply lower week.

Brent gained three cents, or 0.03%, while WTI added 31 cents, approximately 0.34%. These are settlement prices for the specified contracts, not live Saturday 7 November quotations.

Bloomberg reports that traders weighed prospects for Washington–Tehran negotiations against recovering Gulf crude exports and continuing risks to vessels. Diplomatic expectations are interpretations of market conditions: the oil settlement does not demonstrate either an agreement or a return to normal maritime traffic.

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