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Center-Right Owned by HT Media Ltd.US midterm election results: Impact on crude oil prices - what's happening after Trump's loss?
What's behind this
Crude oil prices slipped as investors awaited the outcome of the U.S. midterm elections. At 10:01 a.m. on Wednesday, Brent futures were trading at $102.95, down 0.63%, while the December WTI contract was at $95.31, down 0.81%. The market movement came as former President Donald Trump, unlike in 2020, publicly accepted the midterm results, treating the vote as another challenge to be overcome.
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Crude oil prices have fallen below $94 a barrel as US President Donald Trump's midterm election setback fuels hopes of an end to the Iran war. Here's how the political shift could affect global oil supplies, prices and India's crude imports.
— Livemint
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Crude oil prices have fallen below $94 a barrel as US President Donald Trump's midterm election setback fuels hopes of an end to the Iran war. Here's how the political shift could affect global oil supplies, prices and India's crude imports.