📰 ET Markets 🔴 BEARISH 🕒 29 Oct 2026, 07:54 AM IST

Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Can oil fall further?

⚡ Instant Key Takeaways (TL;DR)

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Core Development: Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Can oil fall further?

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Market & Financial Impact: Crude oil price : In light of recent diplomatic talks surrounding potential U.S. military engagements with Iran, oil prices have taken a dip. These crude prices remain sensitive to the fluctuating situation marked by ongoing regional conflicts and the threat of further military interventions. Despite Iran's openness to negotiations, escalating hostilities from the Houthi faction targeting Saudi Arabia add to the uncertainty.

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Actionable Insight: 🔴 Bearish Risk: Regulatory scrutiny, profit decline, or sell-off risk may create near-term volatility.

Brent Crude Oil Price : Brent crude fell to $114.40 a barrel in early Asian trading, after rising more than 1% in the previous session. West Texas Intermediate (WTI), the US benchmark, dropped 1% to $102 a barrel.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.

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Oil Price Today (October 29): Crude oil dips to $113 as diplomatic talks outweigh infra attacks. Can oil fall further?

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