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Brent Crude Oil Price: $99.90 Friday After Wall…

By Tobi Opeyemi Amure

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AI summary of the source article

Brent crude futures rose 1.67 percent to $99.90 a barrel on Friday, recovering after Wednesday's sharp decline. Prices remain on track for a weekly loss of roughly 12 percent amid ongoing tanker attacks in the Strait of Hormuz.

Key facts

  • Brent crude futures rose 1.67 percent to $99.90 a barrel, while WTI rose 1.43 percent to $91.69.
  • Iran reported three tanker attacks in the Strait of Hormuz, where flows are running at less than 60 percent of capacity.
  • Brent crude remained on course for an overall weekly loss of approximately 12 percent.

Source excerpt · FinanceFeeds

Updated 6 November 2026, 07:30 GMT. Brent crude futures rose 1.67 percent to $99.90 a barrel early on Friday, and US West Texas Intermediate gained 1.43 percent to $91.69 (CNBC, 6 November). That is a second day of gains after Wednesday's 9.73 percent crash to $93.52, when markets bet on a US-Iran settlement. Iran reported three more tanker attacks in the Strait of Hormuz on Thursday, and Wall Str…