Canada Commodities: Oil Prices Mixed on Oil Tanker Attacks, Renewed Middle East Diplomacy

09:55 AM EST, 11/06/2026 (MT Newswires) -- Oil prices were mixed Friday morning, but were below $100 a barrel, despite reports of further attacks against oil tankers in the Strait of Hormuz. However, Bloomberg reported Friday that the US and Iran are inching towards a deal, with Tehran showing a willingness to discuss its nuclear program. Bloomberg cited an unnamed diplomat. President Trump also had a telephone conversation with Qatar's emir, several news outlets reported. West Texas Intermediate December crude oil futures, the US benchmark, edged up 0.1% to $90.58 per barrel. January Brent oil futures, the international benchmark, fell 0.3% to $97.98 a barrel. Comex gold December futures dropped 1.6% to $4,048.10 per ounce as the US dollar climbed on the back of strong US payrolls data. In agricultural commodities, December wheat futures fell 1.1% to $5.93 per bushel, while canola futures for January fell 1.1% to CA$744.90 per tonne.