Brent Crude Oil settled at $113.41 on November 1, 2026, virtually unchanged from the prior session with a 24-hour decline of just 0.01%. The near-flat daily move came amid a broader pullback over the past week, with the benchmark contract slipping 2.83% over the seven-day period.
Despite the recent softness, Brent's longer-term trend remains strongly positive. The commodity has gained 14.57% over the past 30 days, a substantial move that underscores significant upward momentum in global oil markets over that timeframe.
Market capitalization data is not available for the commodity. Brent Crude serves as a key international benchmark for oil pricing, with its price movements closely watched by energy markets worldwide.
The modest daily dip and mild weekly retreat suggest some consolidation following the sharp monthly rally, though the overall price level at $113.41 reflects a markedly higher trading range than where Brent stood a month ago.
