Global oil prices traded mixed on Friday, November 13, 2026, as Brent crude edged higher while US benchmark West Texas Intermediate (WTI) remained virtually unchanged amid continued uncertainty over Middle Eastern supply risks and prospects for a diplomatic resolution to the US-Iran conflict.
Brent crude futures rose 0.13% to $95.94 per barrel, while WTI crude futures traded at $88.73 per barrel, marginally down 0.01%.
The latest prices represent a recovery from Thursday’s trading levels, when Brent fell 0.95% to $91.88 per barrel and WTI declined 0.99% to $85.67.
Oil markets have experienced significant volatility in recent sessions following a sharp sell-off triggered by hopes of de-escalation between Washington and Tehran.
Brent had previously fallen below $90 per barrel for the first time since August after US President Donald Trump indicated that further military strikes against Iran might not be necessary.
However, continuing security concerns surrounding Saudi energy infrastructure and lingering constraints on refined petroleum products and liquefied natural gas supplies remain important considerations for traders.
