Commodities update: Brent and WTI up while gold slips
Brent and WTI rose while gold slipped; Natural Gas posted the session's largest decline as five of seven tracked instruments advanced.
Where prices stand
As of Nov 11, 18:01 UTC, the UNG ETF (tracks Natural Gas) fell 2.02% from the prior close to $10.21, the largest move among tracked commodities. The BNO ETF (tracks Brent Crude) rose 1.49% from the prior close to $59.23. The SLV ETF (tracks Silver) rose 0.95% from the prior close to $46.92. The USO ETF (tracks WTI Crude) rose 0.90% from the prior close to $142.73. The GLD ETF (tracks Gold) fell 0.92% from the prior close to $365.95. The CPER ETF (tracks Copper) rose 0.40% from the prior close to $37.89.
| Instrument | Last | 5-session change | Latest change | As of | Source |
|---|---|---|---|---|---|
| Gold (via GLD ETF) | $365.95 | +2.81% | -0.92% | Nov 11, 18:01 UTC | Finnhub |
| Silver (via SLV ETF) | $46.92 | +3.66% | +0.95% | Nov 11, 18:01 UTC | Finnhub |
| WTI Crude Oil (via USO ETF) | $142.73 | -3.61% | +0.90% | Nov 11, 18:01 UTC | Finnhub |
| Brent Crude (via BNO ETF) | $59.23 | -13.05% | +1.49% | Nov 11, 18:00 UTC | Finnhub |
| Natural Gas (via UNG ETF) | $10.21 | -4.71% | -2.02% | Nov 11, 18:01 UTC | Finnhub |
| Copper (via CPER ETF) | $37.89 | -2.00% | +0.40% | Nov 11, 18:00 UTC | Finnhub |
Trend check
According to Finnhub, WTI Crude Oil is neutral with RSI(14) 47.3; its close 99.64 sits near the 50-day SMA 98.25 and above the long SMA 88.71. Brent Crude is neutral with RSI(14) 38.8 and a close 107.03 below its 50-day SMA 116.17 but above the long SMA 98.50. Natural Gas is bearish with RSI(14) 42.3; its close 2.6300 is below the 50-day SMA 2.9394 and the long SMA 3.4532.
| Instrument | Close | SMA50 | Long SMA | RSI(14) | Trend status |
|---|---|---|---|---|---|
| WTI Crude Oil | 99.64 | 98.25 | 88.71 | 47.3 | neutral |
| Brent Crude | 107.03 | 116.17 | 98.50 | 38.8 | neutral |
| Natural Gas | 2.6300 | 2.9394 | 3.4532 | 42.3 | bearish |
Trend status is a rules-based classification of moving averages and MACD on daily closes (as of Nov 10, 22:40 UTC); it is not a recommendation.
In the news
Reuters reported OPEC+ oil output in October nears pre-Iran war rate, led by Saudi Arabia (published Nov 11, 14:14 UTC). Forexlive published "Crude oil faces a geopolitical test as Russia signals progress toward peace" (published Nov 11, 14:37 UTC) and included a summary saying Russia’s top Ukraine negotiator said it appears the sides are moving closer to peace.
- OPEC+ oil output in October nears pre-Iran war rate, led by Saudi Arabia — Reuters, Nov 11, 14:14 UTC
- Crude oil faces a geopolitical test as Russia signals progress toward peace — Forexlive, Nov 11, 14:37 UTC
Sources and data
- Reuters (secondary source) — OPEC+ oil output in October nears pre-Iran war rate, led by Saudi Arabia
- Forexlive (secondary source) — Crude oil faces a geopolitical test as Russia signals progress toward peace
- Finnhub (market data) — market data
- U.S. Energy Information Administration via FRED (primary source) — calendar
- Federal Reserve (primary source) — calendar
Market data as of Nov 11, 18:01 UTC; report generated Nov 11, 18:01 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Gold (XAU)
A precious metal held as a store of value, a hedge against currency debasement and a safe haven, as well as used in jewellery and industry.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
Brent crude
The international crude oil benchmark, based on a basket of North Sea grades and traded as futures on ICE.
WTI crude
West Texas Intermediate, a light, sweet (low-sulphur) US crude oil and the main US price benchmark.
Sources & data
- Reuters (secondary, retrieved Nov 11, 2026, 06:06 PM UTC)
- Forexlive (secondary, retrieved Nov 11, 2026, 06:06 PM UTC)
- Finnhub (market-data, retrieved Nov 11, 2026, 06:06 PM UTC)
- U.S. Energy Information Administration via FRED (primary, retrieved Nov 11, 2026, 06:06 PM UTC)
- Federal Reserve (primary, retrieved Nov 11, 2026, 06:06 PM UTC)
Market data as of Nov 11, 2026, 06:01 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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