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AI Financial Intelligence
Professional analysis of central bank decisions

Markets

News
Forex
Stocks
Crypto
Gold
Commodities
Indices
ETFs

Analysis

Fed
ECB
COT
Economic Calendar

Learn

Service Guide
MCP Server
Oil

Company

About
Contact
Data Methodology
AI Disclosure
Pricing
Enterprise
Terms
Privacy
Security
WhatsApp

Status data is currently unavailable

The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

BreakingCommodities

Brent Crude Prices Fall Amid Middle East Ceasefire Hopes

First Detected: Nov 2, 2026, 8:42 AM

Last Update: about 1 hour ago

1 update

Event Summary

Brent crude fell about 3.2% on Nov. 2 to $109.75 per barrel. The decline followed talks between Iran and Qatar that raised expectations of a ceasefire agreement. Five Hyperliquid wallet addresses also took positions in crude oil ahead of the U.S. midterms.

Timeline

Latest developmentabout 12 hours ago

Brent Crude Tumbles 8% to $104.43 as Iran's Supreme Leader Authorizes Peace Talks

Oil losses deepened to nearly 8% following reports that Iran's Supreme Leader Mojtaba Khamenei authorized the government to negotiate an end to the conflict.

Read the full story

Key facts

Brent crude fell approximately 3.2% to reach $109.75 per barrel.
Talks between Iran and Qatar raised expectations for a ceasefire agreement.
Five Hyperliquid wallet addresses took positions in crude oil ahead of the U.S. midterms.
Brent crude fell 3.2% to $109.75 a barrel following talks between Iran and Qatar that raised ceasefire expectations.

Price Impact

Since event start

BZUSD-4.02%

CLUSD-3.53%