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Brent crude oil price falls below $111 per barrel for the first time since October 22

By 05:14 a.m. Moscow time, Brent was trading at $110.68 per barrel

MOSCOW, November 2 /TASS/. The price of a January Brent crude oil futures contract on the London-based ICE exchange has fallen below $111 per barrel for the first time since October 22, 2026, according to trading data.

As of 05:04 a.m. Moscow time (03:04 a.m.), the price of Brent was down 0.52% at $110.98 per barrel.

By 05:14 a.m. Moscow time (03:14 a.m.), Brent was trading at $110.68 per barrel (-0.79%).