Fuel Price Rollbacks Seen After Democratic Sweep of US Midterms
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8 Articles
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Oil Prices Plunge Nearly 20% as Gold Breaks Above $4,100 Following US Election Shift
Global markets experienced significant movements following the Democratic victory in the US midterm elections, with crude oil prices falling nearly 20% during the week and gold rising above $4,100 an ounce. Investors are increasingly anticipating that political pressure on President Donald Trump could help ease tensions surrounding the US-Iran conflict.
Global gold prices continued to strengthen, breaking through USD 4,100 per ounce on Thursday (May 11), reaching their highest level since late October 2026. Global gold prices continued...
Oil prices have fallen sharply following the Democratic victory, but analysts have conflicting predictions about future energy price trends.
Host: Huang Jianzhen; Guest Host: Luo Mingli, CEO of Hengda Group; Focus: The market anticipates that the Democratic Party in both houses of Congress will be more proactive in quelling the US-Iran conflict. Oil prices...
Oil prices continued to decline during Thursday's dealings, with losses recorded for the fourth consecutive day, while gold prices rose by about 2%... the post-elections of America disrupting markets... oil and gold under pressure appeared first on Libya's eye.
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