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Oil Rebounds Toward $100 as Democrats’ Sweep Rattles Energy Stocks

Summary by Oil Price
Oil prices reversed their recent downtrend on Thursday, a day after Democrats swept control of both the House and Senate, creating a potential legislative check on U.S. President Donald Trump’s administration. Brent crude was up 4.0% to trade at $98.38 per barrel at 3:15 pm ET, while WTI gained 2.9% to $90.65, with prices rising for the first time in four sessions after plunging to a near two-month low on Wednesday. U.S. natural gas prices were …

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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.

·Mexico
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Quotes below $98 a barrel for effect of election results in the US, which open the door to peace negotiations with Iran

·Madrid, Spain
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Active of the day. Oil records higher weekly fall since the pandemic – ECO Log in with Google Other social networks Your safety is our priority We use secure connections and never share your data with third parties. Log in with ECO Premium Email Choose how you want to subscribe Instant access to all Premium content. Cancel when you want. Your browser is outdated! Update your browser to have better experience and view this site. Update your brows…

·Lisboa, Portugal
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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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Korrespondent.net broke the news in Kyiv, Ukraine on Thursday, November 5, 2026.
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