Oil Rebounds Toward $100 as Democrats’ Sweep Rattles Energy Stocks
Brent rose 4.0% to $98.38 a barrel as traders weighed a possible policy check on the Trump administration and surging Gulf exports.
33 Articles
33 Articles
Oil prices ended with a slight rise in an ups and downs session, but had a weekly fall of more than 15 percent, after President Donald Trump's Republican Party's electoral defeat fueled expectations of a easing with Iran, but attacks on ships in the Middle East continue to sustain high oil prices.
Quotes below $98 a barrel for effect of election results in the US, which open the door to peace negotiations with Iran
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The oil prices of the reference marks went down Friday night and ended the week in deep minus.
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