Brent Crude Oil Price: $95.84 Saturday Week Ahead After a…
By Tobi Opeyemi Amure
AI summary of the source article
Brent crude futures settled Friday at $95.84, finishing the week approximately 2.5 percent lower in their second consecutive weekly decline. The drop followed signs of a growing supply surplus, higher OPEC+ production, and rising United States inventories.
Why it matters
If the East-West pipeline or Yanbu exports are disrupted, Saudi Arabia loses its main route around Hormuz, and that matters more for supply than the tanker reports.
Key facts
- Brent crude futures settled at $95.84 on Friday, down roughly 2.5 percent from $98.32 on 6 November.
- WTI crude settled Friday at $88.56, down $0.18 or 0.2 percent.
- Thursday's settlement saw Brent rise 3.3 percent to $95.82 following unconfirmed reports of Houthi attacks on Saudi oil sites and tanker explosions in Hormuz.
Source excerpt · FinanceFeeds
Updated 14 November 2026, 07:00 GMT. Brent crude futures settled Friday at $95.84 , up 2 cents, and finished the week about 2.5 percent lower, Brent's second straight weekly fall (market reports based on Reuters data). Verdict: Thursday's attack-driven jump held, but Brent could not build on it. Supply data and the chance of a US-Iran arrangement on Hormuz are holding the price down. Reference lev…