Brent oil drops to $96.7 amid Trump's calm rhetoric.
On November 9, world oil prices fell after US President Donald Trump made it clear that new attacks on Iran were unlikely. The market presents an escalation scenario, although the situation in Hormuz remains explosive: several tankers exploded there in the last 24 hours, and explosions occurred on the Iranian island of Kish.
The price of a barrel of Brent for January delivery fell by 1.8% to $96.71. WTI futures for December delivery fell 0.9% to $89.98.
Last week, according to NiK, oil showed its biggest weekly decline in many months.
Oil and capital.