Brent Oil Slides to $94 on Iran Uncertainty After US Midterms
16 Articles
16 Articles
London, 4 Nov (EFE).- The price of the barrel of Brent for delivery in January fell by 8.67 % this Wednesday, to be at 94.62 dollars at the close of the London futures market, following the US legislative elections on Tuesday. The North Sea crude, of reference in Europe, [...] The entry Brent falls by 8.67 %, up to 94.62 dollars, after the US legislative elections was first published in HolaNews.
New York - Follow-up of the world's oil prices by 9%, Wednesday evening, recorded a decline in future contracts for Brent's crude $9.27, or 8.9%, to $94.29 per barrel, at its lowest level since 5 September last. Western Texas's forward contracts also declined by $7.44 or 7.8 per cent to $88.54. Earlier today, world oil markets experienced a marked decline in crude prices, with Brent's futures prices falling by more than 3 per cent to US$ 51,100 …
Oil Prices Take Staggering Turn Day After Midterms
Oil prices plunged Wednesday, raising hopes for relief at the pump as President Donald Trump and his allies acknowledged the political toll of soaring fuel costs. Brent crude, the international benchmark, fell about 9% to roughly $94 a barrel, while U.S. benchmark West Texas Intermediate dropped nearly 8% to around $89, according to Reuters. The […]
Oil and gas prices fell sharply on Wednesday. This happened after Donald Trump said that the likelihood of attacks on Iran is decreasing. As a result, a barrel of Brent crude costs less than 100 dollars for the first time since early October.
The market expects the U.S. and Iran to reach a diplomatic solution to the conflict that has disrupted global energy supply for eight months
The price of Brent oil fell below $94 per barrel for the first time since the beginning of September, losing almost 10% of the value. At 20:32 ms, the price of the January futures on Brent oil dropped by 9.49 per cent relative to the previous closure and amounted to $93.77 per barrel, transfers RIA News. At the same time, the value of the December futures on the WTI brand dropped by 8.89 per cent, reaching a mark of $87.55 per barrel. According …
Coverage Details
Bias Distribution
- 56% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
