Oil30 Oct
More oil leaves the Gulf, yet prices rose again. Will US oil hit $110 in November?
Brent, the main world oil price, briefly passed $117 a barrel on 30 October. The US oil price was about $104, after closing at $110.01 on 19 October.
Historical sample: 3 of 6.
- 2002: held
- 2006: did not hold
- 2018: held
- 2019: did not hold
- 2025: did not hold
- 2026: held
3 of 6Three of six times US oil rose 5.5% above its first high-day price within five weeks.
Will US oil (WTI) trade at $110 or higher at any moment in November?
History3 of 6Hunch55%