# Oil Prices Head for 12% Weekly Loss Despite Fresh Tanker Attacks

- Source: OilPrice.com
- Published: 2026-11-06T06:05:00+00:00
- Category: Local
- Original: https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Head-for-12-Weekly-Loss-Despite-Fresh-Tanker-Attacks.html
- Canonical: https://groundlevelnews.com/story/oil-prices-head-for-12-weekly-loss-despite-fresh-tanker-attacks-256539/

Crude oil prices were on course for a sharp weekly drop, with both Brent crude and WTI shedding 12% since Monday, following the results of the U.S. midterm elections, which gave rise to hopes that the war in the Middle East could be brought to a swift end. At the time of writing, Brent crude was trading at $99.42 per barrel, and West Texas Intermediate was trading at $91.242 per barrel, both up fr

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