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Oil Edges Down As Investors Await US Midterm Election Results
2026-11-04

Oil Edges Down As Investors Await US Midterm Election Results

Oil prices slipped in early trade on Wednesday as investors awaited the results of the US midterm elections, even after industry data showed US crude stocks unexpectedly fell last week.

Brent futures fell 26 cents, or 0.25%, to $103.34 a barrel. US West Texas Intermediate crude futures fell 53 cents, or 0.55%, to $95.56.

In the previous session, Brent eased more than 1% to its lowest level in nearly four weeks.
Source: GULF TIMES