Brent slides below $90 as Iran strike fears ease: Nov 10, 2026
Brent crude has extended losses, dropping below $90/bbl on ICE and posting its worst week since April 2020. The moves followed easing fears of a strike on Iran amid progress in US-Iran talks and hopes for détente, which also weighed on Hong Kong-listed oil majors.
Updated
This day is still open. Its readings are published once it closes. The live reading is on the Brent page.
The day on the wire
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Each tick is a headline first seen that day.
Headlines (11)
First seen on November 10
- Hong Kong oil majors fall over 2% as Brent plunges 5.85% to $92.57 on easing Iran tensionsgelonghui.com
- Brent Breaks Key Support as Trump Holds Off Iran Strikes, 88.21 Comes Into FocusActionForex
- Brent prices drop below $90/bbl on ICETASS
- Energy prices deepen losses while precious metals edge loweraa.com.tr
Carried over from earlier days
- Brent posts worst week since April 2020 amid post-midterms hopes for Iran détenteHellenic Shipping News
- Global energy prices extend losses as Brent crude drops over 3%aa.com.tr
- Brent crude drops below $93 per barrel on ICE for first time since September 1TASS
- Crude extends losses as Iran diplomacy outweighs shipping risksoilandgas360.com
- Brent falls 7.5% to $90.94/bbl, WTI down 6.0% to $85.32 on US-Iran nuclear progresswallstreetcn.com
- Oil slides as Iran strike fears ease — Brent fallsgulfnews.com
- Nasdaq jumps nearly 3% as Nvidia falls over 4%, Brent tumbles nearly 8% on US-Iran talksgelonghui.com
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, November 10 | ||
| USD-Denominated Trade Balance | 126.5B | CNY |
| Trade Balance | 855B | CNY |
| FOMC Member Waller Speaks | USD | |
| M2 Money Supply y/y | 7.2% | CNY |
| New Loans | 80B | CNY |
| NFIB Small Business Index | 98.0 | USD |
| ADP Weekly Employment Change | USD | |
| Core CPI m/m | 0.2% | USD |