Brent FuturesFutures refers to standardized derivative contracts to buy or sell an underlying asset at a specified future time under exchange-defined terms. The term belongs in Level 7 becau...Read More fell 1.3% to $102.91 a barrel and WTI declined 1.2% to $90.40 at 04:50 UTC on 9 October, Reuters reported. The retreat followed President Donald Trump’s pledge to avoid attacking Iran before the US midterm elections. The quoted prices are a timestamped MarketA place—physical or digital—where buyers and sellers meet and agree on a price. Lix’s simple rule: no buyers and sellers, no market.Read More snapshot, not closing settlements or live prices.
Oil prices fell on Friday after U.S. President Donald Trump said Washington would not attack Iran before the November midterm elections and cited productive talks. Easing SupplyHow much sellers are willing to offer at a given price. More eager sellers can lean on price.Read More concerns pushed Brent crude lower, although ongoing shipping disruptions and geopolitical risks continued to SupportAn area where buyers have previously absorbed enough selling to slow or reverse a fall. It is a zone of interest, not an invisible floor.Read More prices.
| Item | Value | Why it matters |
|---|---|---|
| F1 | CONFIRMED_FACT | The cited source reports the development described above. |
