Oil Prices Plunge to 2-Month Low

Globo

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Oil prices rise, after a fall of almost 9% in the previous session, but operate close to the minimum of two months, with relief after the mid-term elections in the United States contrasting with geopolitical risks and the still restricted supply of refined fuels. At around 8:30 a.m., at Intercontinental Exchange (ICE), Brent oil for delivery in January rose 1.60% to US$96.12 per barrel. In New York Mercantile Exchange (Nymex), WTI oil for Decemb…

wiwo.de

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After the US elections, oil prices are falling – high inflation remains. This is due to a global economy that is fundamentally changing.

enikos.gr

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The international price of Brent crude oil fell to its lowest level in almost two months, in the wake of the midterm elections in the US. At the same time, Goldman Sachs revised its forecasts upwards, citing growing risks to global supply and geopolitical risk in the Middle East, warning of a possible surge of up to $140 a barrel in 2027.