{"id":342089,"date":"2026-11-06T14:38:10","date_gmt":"2026-11-06T09:08:10","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=342089"},"modified":"2026-11-06T14:38:10","modified_gmt":"2026-11-06T09:08:10","slug":"crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/","title":{"rendered":"Crude Oil Price Today: Why Brent Crude Is Back Near USD 99 and What a Swing Around USD 100 Means for India"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Brent crude about USD 99.41, WTI about USD 90.99 on 6 Nov 2026 morning (Trade Brains). Brent near USD 107 on 2 Nov. Rupee Rs 94.48 per USD. Analyst levels, not forecasts.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Crude oil price today: Brent crude rebounded to about USD 99.41 and WTI to about USD 90.99 on 6 November 2026, recovering after a steep fall in the previous session, per Trade Brains. Brent had been near USD 107 on 2 November. A level near USD 100 matters for India&#8217;s import bill, the rupee and oil marketing companies.<\/p>\n<\/p><\/div>\n<p><strong>Crude oil price today<\/strong> is hovering near a key psychological level: <strong>Brent crude<\/strong> rebounded to about USD 99.41 per barrel and WTI to about USD 90.99 on the morning of Friday, 6 November 2026, after a steep fall on Thursday, per Trade Brains. India imports most of its oil, so a swing around USD 100 matters. This article covers the price path, the drivers, the India impact and the levels analysts watch.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=discover\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Crude_Oil_Price_Today_The_Price_Path_This_Week\" title=\"Crude Oil Price Today: The Price Path This Week\">Crude Oil Price Today: The Price Path This Week<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#What_Is_Driving_Crude_Oil_Price_Today_Iran_Midterms_and_Supply\" title=\"What Is Driving Crude Oil Price Today: Iran, Midterms and Supply\">What Is Driving Crude Oil Price Today: Iran, Midterms and Supply<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Crude_Oil_Price_Today_and_the_India_Impact\" title=\"Crude Oil Price Today and the India Impact\">Crude Oil Price Today and the India Impact<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#What_to_Watch_in_Crude_Oil_Price_Today\" title=\"What to Watch in Crude Oil Price Today\">What to Watch in Crude Oil Price Today<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Frequently_Asked_Questions_on_Crude_Oil_Price_Today\" title=\"Frequently Asked Questions on Crude Oil Price Today\">Frequently Asked Questions on Crude Oil Price Today<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#What_is_crude_oil_price_today\" title=\"What is crude oil price today?\">What is crude oil price today?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Why_did_Brent_crude_fall_this_week\" title=\"Why did Brent crude fall this week?\">Why did Brent crude fall this week?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Is_crude_oil_price_today_good_or_bad_for_India\" title=\"Is crude oil price today good or bad for India?\">Is crude oil price today good or bad for India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Which_stocks_gain_when_Brent_crude_falls\" title=\"Which stocks gain when Brent crude falls?\">Which stocks gain when Brent crude falls?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#What_do_analysts_say_about_Brent_crude_levels\" title=\"What do analysts say about Brent crude levels?\">What do analysts say about Brent crude levels?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#How_does_crude_oil_price_today_affect_the_rupee\" title=\"How does crude oil price today affect the rupee?\">How does crude oil price today affect the rupee?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#What_is_the_next_OPEC_meeting\" title=\"What is the next OPEC+ meeting?\">What is the next OPEC+ meeting?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/crude-oil-price-today-brent-crude-near-usd-99-iran-talks-india-impact-oil-marketing-companies-6-november-2026\/#Should_I_buy_oil_stocks_now\" title=\"Should I buy oil stocks now?\">Should I buy oil stocks now?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Crude_Oil_Price_Today_The_Price_Path_This_Week\"><\/span><strong>Crude Oil Price Today: The Price Path This Week<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Crude oil price today: date<\/th>\n<th>Brent crude<\/th>\n<th>Source note<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>2 November<\/td>\n<td>Near USD 107 to USD 109 after a fall of 3.5% to 5%<\/td>\n<td>XTB and Trading Economics<\/td>\n<\/tr>\n<tr>\n<td>3 November<\/td>\n<td>Pulled back toward USD 102 from about USD 107<\/td>\n<td>XTB<\/td>\n<\/tr>\n<tr>\n<td>5 November<\/td>\n<td>Steep fall in the session<\/td>\n<td>HDFC Sky and Trade Brains<\/td>\n<\/tr>\n<tr>\n<td>6 November, morning<\/td>\n<td>About USD 99.41 (WTI about USD 90.99)<\/td>\n<td>Trade Brains<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Brent had climbed to four-year highs earlier on concern that the US could resume military strikes on Iran after the midterm elections, per Trading Economics. Hopes of de-escalation, including a draft memorandum presented by Qatari mediators, pulled prices down, per XTB. HDFC Sky said Brent was nearing USD 100 on Friday.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Is_Driving_Crude_Oil_Price_Today_Iran_Midterms_and_Supply\"><\/span><strong>What Is Driving Crude Oil Price Today: Iran, Midterms and Supply<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Driver of crude oil price today<\/th>\n<th>Effect<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Iran talks and supply risk<\/td>\n<td>Hopes of de-escalation pull prices down; any strike risk pushes them up<\/td>\n<\/tr>\n<tr>\n<td>US midterm results<\/td>\n<td>Markets reacted across assets; oil fell sharply on Thursday, per the reports<\/td>\n<\/tr>\n<tr>\n<td>Risk-off equity selling<\/td>\n<td>A weaker global growth view can reduce oil demand expectations<\/td>\n<\/tr>\n<tr>\n<td>Forecasts<\/td>\n<td>Goldman Sachs raised its December Brent forecast to USD 105 and warned oil could test USD 120 on escalation, per XTB<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Brent crude has been volatile because supply risk and diplomacy are pulling in opposite directions. XTB&#8217;s technical view is that a break below USD 100 opens the zone of USD 96 to USD 98 and then USD 88 to USD 90. These are analyst levels, not forecasts by Univest.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Track oil and gas stocks on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Crude_Oil_Price_Today_and_the_India_Impact\"><\/span><strong>Crude Oil Price Today and the India Impact<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>India is a large oil importer, so lower Brent crude generally helps the import bill, inflation and the rupee. The rupee strengthened to Rs 94.48 per US dollar on 6 November, a two-week high and its fifth straight gain, helped by foreign inflows and softer crude, per Trade Brains. At the open, Nifty Energy was down 1.69% to 36,260.60, per HDFC Sky. Index pages are on <a href=\"https:\/\/univest.in\/indices\/nifty-50\/nifty-50-share-price-today\">Nifty 50<\/a> and <a href=\"https:\/\/univest.in\/indices\/sensex\/sensex-share-price-today\">Sensex<\/a>.<\/p>\n<table>\n<thead>\n<tr>\n<th>Who gains or loses when Brent crude falls<\/th>\n<th>Typical effect<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Oil marketing companies such as <a href=\"https:\/\/univest.in\/stocks\/ioc\/indian-oil-corporation-ltd-share-price-today\">Indian Oil<\/a>, <a href=\"https:\/\/univest.in\/stocks\/bpcl\/bharat-petroleum-corporation-ltd-share-price-today\">BPCL<\/a> and <a href=\"https:\/\/univest.in\/stocks\/hindpetro\/hindustan-petroleum-corporation-ltd-share-price-today\">HPCL<\/a><\/td>\n<td>Lower input cost can help margins<\/td>\n<\/tr>\n<tr>\n<td>Upstream producers such as <a href=\"https:\/\/univest.in\/stocks\/ongc\/oil-and-natural-gas-corporation-ltd-share-price-today\">ONGC<\/a> and <a href=\"https:\/\/univest.in\/stocks\/oil\/oil-india-ltd-share-price-today\">Oil India<\/a><\/td>\n<td>Lower realisations usually hurt earnings<\/td>\n<\/tr>\n<tr>\n<td>Paints and chemicals such as <a href=\"https:\/\/univest.in\/stocks\/asianpaint\/asian-paints-ltd-share-price-today\">Asian Paints<\/a><\/td>\n<td>Crude-linked raw materials ease<\/td>\n<\/tr>\n<tr>\n<td>Airlines such as <a href=\"https:\/\/univest.in\/stocks\/indigo\/interglobe-aviation-ltd-share-price-today\">IndiGo<\/a><\/td>\n<td>Lower fuel cost helps<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to get crude oil and market alerts on your phone.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_in_Crude_Oil_Price_Today\"><\/span><strong>What to Watch in Crude Oil Price Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<thead>\n<tr>\n<th>Watch item<\/th>\n<th>Why it matters<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>Brent crude near USD 100<\/td>\n<td>A close below it would open the next support zone<\/td>\n<\/tr>\n<tr>\n<td>Iran talks<\/td>\n<td>Headlines can move prices in either direction<\/td>\n<\/tr>\n<tr>\n<td>Rupee near Rs 94.48<\/td>\n<td>Crude and the rupee often move together<\/td>\n<\/tr>\n<tr>\n<td>OPEC+ meeting on 29 November<\/td>\n<td>The group&#8217;s next meeting, per XTB<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>The practical point is that <strong>crude oil price today<\/strong> is event-driven, and Brent crude can move on one headline. A move of a few dollars can shift sentiment on Indian oil and gas stocks, so check levels before reacting to a single headline.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Crude oil price today<\/strong> has swung from about USD 107 to near USD 99 in a week, and <strong>Brent crude<\/strong> around USD 100 is the level to watch. Lower crude helps India&#8217;s import bill and oil marketing companies but pressures upstream names. Diplomacy, not data, is moving prices, so keep positions sized for volatility.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions_on_Crude_Oil_Price_Today\"><\/span><strong>Frequently Asked Questions on Crude Oil Price Today<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_crude_oil_price_today\"><\/span><strong>What is crude oil price today?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On the morning of 6 November 2026 Brent crude was about USD 99.41 per barrel and WTI about USD 90.99, per Trade Brains. Prices change through the day, so check a live source.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_Brent_crude_fall_this_week\"><\/span><strong>Why did Brent crude fall this week?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Hopes of de-escalation in the Iran situation, including a draft memorandum from Qatari mediators, pulled prices down from near USD 107, per XTB and Trading Economics. Oil also fell sharply after the midterm results.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_crude_oil_price_today_good_or_bad_for_India\"><\/span><strong>Is crude oil price today good or bad for India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Lower Brent crude is generally good for India because it cuts the import bill, eases inflation and supports the rupee. The rupee gained to Rs 94.48 per US dollar on 6 November. Rebounds above USD 100 would reverse some of that benefit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_stocks_gain_when_Brent_crude_falls\"><\/span><strong>Which stocks gain when Brent crude falls?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Oil marketing companies such as Indian Oil, BPCL and HPCL, along with paint makers and airlines, usually benefit from lower input costs. Upstream producers such as ONGC and Oil India usually lose.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_do_analysts_say_about_Brent_crude_levels\"><\/span><strong>What do analysts say about Brent crude levels?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> XTB says a break below USD 100 opens USD 96 to USD 98 and then USD 88 to USD 90. Goldman Sachs raised its December Brent forecast to USD 105 and warned of a test of USD 120 on escalation.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_does_crude_oil_price_today_affect_the_rupee\"><\/span><strong>How does crude oil price today affect the rupee?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> India pays for oil in dollars, so higher crude raises dollar demand and weighs on the rupee. Softer crude and foreign inflows pushed the rupee to Rs 94.48 per dollar on 6 November, per Trade Brains.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_next_OPEC_meeting\"><\/span><strong>What is the next OPEC+ meeting?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> XTB says the group&#x27;s next meeting is scheduled for 29 November. Decisions on output can move Brent crude, so the date is worth marking.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_buy_oil_stocks_now\"><\/span><strong>Should I buy oil stocks now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Univest cannot give personal advice. Crude is event-driven and Brent crude can swing sharply, so oil and gas stocks can be volatile. Review your risk tolerance and consult a SEBI-registered adviser before acting.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is crude oil price today?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"On the morning of 6 November 2026 Brent crude was about USD 99.41 per barrel and WTI about USD 90.99, per Trade Brains. Prices change through the day, so check a live source.\"}},{\"@type\":\"Question\",\"name\":\"Why did Brent crude fall this week?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Hopes of de-escalation in the Iran situation, including a draft memorandum from Qatari mediators, pulled prices down from near USD 107, per XTB and Trading Economics. Oil also fell sharply after the midterm results.\"}},{\"@type\":\"Question\",\"name\":\"Is crude oil price today good or bad for India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Lower Brent crude is generally good for India because it cuts the import bill, eases inflation and supports the rupee. The rupee gained to Rs 94.48 per US dollar on 6 November. Rebounds above USD 100 would reverse some of that benefit.\"}},{\"@type\":\"Question\",\"name\":\"Which stocks gain when Brent crude falls?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Oil marketing companies such as Indian Oil, BPCL and HPCL, along with paint makers and airlines, usually benefit from lower input costs. Upstream producers such as ONGC and Oil India usually lose.\"}},{\"@type\":\"Question\",\"name\":\"What do analysts say about Brent crude levels?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"XTB says a break below USD 100 opens USD 96 to USD 98 and then USD 88 to USD 90. Goldman Sachs raised its December Brent forecast to USD 105 and warned of a test of USD 120 on escalation.\"}},{\"@type\":\"Question\",\"name\":\"How does crude oil price today affect the rupee?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"India pays for oil in dollars, so higher crude raises dollar demand and weighs on the rupee. Softer crude and foreign inflows pushed the rupee to Rs 94.48 per dollar on 6 November, per Trade Brains.\"}},{\"@type\":\"Question\",\"name\":\"What is the next OPEC+ meeting?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"XTB says the group's next meeting is scheduled for 29 November. Decisions on output can move Brent crude, so the date is worth marking.\"}},{\"@type\":\"Question\",\"name\":\"Should I buy oil stocks now?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Univest cannot give personal advice. Crude is event-driven and Brent crude can swing sharply, so oil and gas stocks can be volatile. Review your risk tolerance and consult a SEBI-registered adviser before acting.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Crude oil price today: Brent crude rebounds near USD 99 as Iran talks and US midterm results move markets. India impact and key levels.<\/p>\n","protected":false},"author":38,"featured_media":342088,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24],"tags":[5832,4387,21281,21280,6180,7157,7529,21279],"class_list":["post-342089","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-brent-crude","tag-crude-oil-price-today","tag-goldman-sachs-forecast","tag-iran-talks","tag-oil-marketing-companies","tag-ongc","tag-rupee","tag-wti"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["342088"],"rank_math_title":["Crude Oil Price Today: Brent Crude Near USD 99 on 6 Nov"],"rank_math_description":["Crude oil price today: Brent crude rebounds near USD 99 as Iran talks and the US midterm results move markets. 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