Brent Crude Oil settled at $98.31 on November 8, 2026, slipping 0.05% over the prior 24 hours. The modest daily move belied a far more volatile stretch in recent sessions.
Over the past seven days, Brent shed 13.31%, one of the more pronounced weekly pullbacks for the global oil benchmark. The 30-day picture shows a comparatively smaller loss of 3.18%, suggesting the bulk of the recent selling pressure was concentrated in the most recent trading week.
Market capitalization figures are not available for the commodity. Brent Crude serves as a key international pricing benchmark, and swings of this magnitude in the weekly timeframe can reflect shifting dynamics in supply expectations, demand outlooks, or broader macroeconomic sentiment.
With the benchmark now trading at $98.31, the gap between the 30-day and 7-day performance figures points to an accelerating pace of decline in the latter portion of the period measured.
