Latest News Updates From Stan Choe

After falling nearly 8% on Nov. 2, Brent crude fell 0.9% at $103.80 per barrel after the U.S. attacked Iran's Qeshm Island.

Oil prices dropped Nov. 2, with Brent crude down 5.9% to $106.65 per barrel. Still, that’s much higher than the roughly $65 that a barrel of crude was selling for at this time last year.

The price for a barrel of Brent crude oil sank 2.1% to $109.26 as traders assessed fresh diplomatic efforts in the Middle East to avert a resumption of U.S. military strikes on Iran.

Brent crude oil rose 2.7% to $112.39 a barrel. Prices rose after an attack on a major Saudi Arabian refinery by Iran-backed Houthi rebels this week.

Brent crude ticked down 0.4% to $110.24 a barrel. Diesel was going for $6.35 on Oct. 27, an increase of about 74% compared with this time last year.

Brent crude gained 2.2% to $111.19 per barrel. It has been bouncing between $97 and $112 in recent days on uncertainty about when the war with Iran will allow the global energy industry to return to normal.

The price of Brent crude dipped 0.4% to $108.31 per barrel. A day earlier it rose to nearly $112, approaching its highest price since the war with Iran began in late February.

Brent crude gained 0.9% to $110.59 a barrel. Uncertainty about when the war with Iran will allow the energy industry to return to normal means oil prices are unlikely to ease any time soon. 

Brent crude, the international standard, fell 0.4% to $109.38 per barrel. It remains near its highest level since May. 

Brent crude declined 1.2% to $104.78 per barrel. Tensions and uncertainties surrounding global oil supply and the situation in the Middle East dragged on.