Oil slipped in early trade on Wednesday as investors awaited the results of the U.S. midterm elections and their potential impact on Middle East peace talks.
NEW YORK - Oil prices have declined slightly in early dealings, today Wednesday, with investors looking forward to the results of the mid-term elections of the United States Congress and their possible implications for the Middle East peace talks, although American rough stocks have fallen more than expected. Brent's futures have fallen by 26 years.