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Oil prices dip but Brent crude stays above $100 amid Middle East tensions and supply concerns

Market News
11 Sep 2026
CNBC
View Source
Bearish
Oil prices dip but Brent crude stays above $100 amid Middle East tensions and supply concerns

Oil prices fell on Friday but Brent crude futures remained above $100 a barrel, ending a multi-day winning streak. Brent crude dropped 3.58% to $103.78, while U.S. WTI crude fell 2.17% to $99.23. The market is reacting to escalating conflict in the Middle East, including concerns over Red Sea shipping and Saudi oil output dropping to its lowest since 1990. Analysts suggest the supply deficit may be temporary as renewable energy adoption grows, but prices could stay high until at least 2026 if tensions persist.

More News

Sui network hits 40 million transactions per second in live test, doubling its target.

Sui network hits 40 million transactions per second in live test, doubling its target.

During a live demonstration at the Basecamp conference in Singapore on October 7, 2026, the Sui blockchain network processed over 40 million transactions per second, verified in real time by auditor CertiK. This performance more than doubled the init...

Protocol Fundamentals
Bullish
4 hours ago
Bitcoin long-position liquidations hit $11.98M as price dips slightly on Oct 7

Bitcoin long-position liquidations hit $11.98M as price dips slightly on Oct 7

On October 7, Bitcoin long-position liquidations surged to $11.98 million within an hour ending at 6:11 a.m. ET, accounting for over 99% of total liquidations worth $12.02 million. This spike occurred as Bitcoin's price dipped slightly from $83,908 t...

Market News
Bearish
4 hours ago
Ether long positions worth $22.55M liquidated as ETH price dips 0.68% in one hour

Ether long positions worth $22.55M liquidated as ETH price dips 0.68% in one hour

Ether (ETH), the second-largest cryptocurrency, saw $22.55 million in long positions liquidated within an hour ending at 6:11 a.m. ET on October 7, as its price dropped 0.68% from $2,608 to $2,590. Total liquidations across major exchanges Binance, B...

Market News
Bearish
4 hours ago
SwissBorg app adds Worldcoin (WLD) for trading under French crypto regulations

SwissBorg app adds Worldcoin (WLD) for trading under French crypto regulations

SwissBorg has listed Worldcoin (WLD) as a supported asset on its app, allowing users to trade the token. The app operates under the French Markets in Crypto-Assets (MiCA) authorization through BlockNodes SAS, ensuring regulatory compliance. Worldcoin...

Market News
Bullish
4 hours ago
Bitcoin price dips as whales shift from selling to buying, retail investors keep selling.

Bitcoin price dips as whales shift from selling to buying, retail investors keep selling.

On October 7, Bitcoin experienced a market pullback driven by shifts in investor behavior. Medium and large whale groups moved from selling to buying Bitcoin, with one purple whale group repurchasing Bitcoin it had sold earlier and a red whale group ...

Technical Signals
Neutral
4 hours ago
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