Oil Prices Head for Second Weekly Loss Despite Fresh Middle East Attacks
Verified: 2 outlets in 2 countries have reported this story since Nov 13.
Crude oil prices were on course to book their second week of losses today, after two consecutive days of gains on news from the Middle East. At the time of writing, Brent crude was trading at $95.87 per barrel, with West Texas Intermediate at $88.49 per barrel. These price levels are a sharp decline from the peaks hit in mid-October, but are still significantly higher than what Brent crude and WTI traded at in February, before the war started. Signals about that war remain mixed. There appears to be only a moderate risk of serious escalation, but…
How sure are we
Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.
Who reported it
Also reported by sana.sy (found in GDELT's list of news articles)
23m agoScore bands
What moves the score
Not in the score: AI checks and reader flags. Verified is separate: two or more independent outlets and a score of at least 65%.
Very high · How we score this