Brent Crude Oil fell 2.47% on Tuesday, November 3, 2026, closing at $105.76 per barrel as selling pressure continued to weigh on the global benchmark.
The daily decline deepened a broader weekly selloff, with Brent now down 8.07% over the past seven days. The magnitude of the weekly drop signals a sustained shift in near-term momentum for the commodity.
Despite the recent weakness, Brent remains up 3.93% over the trailing 30-day period, reflecting a broader monthly uptrend that preceded the current pullback.
Market capitalization figures are not available for the commodity. Price action over the coming sessions will indicate whether the weekly decline represents a temporary correction within the longer monthly trend or the beginning of a more sustained move lower.
