Energy and oilUpdated November 4

Brent falls below $100 as Democrats take Congress.

Brent fell below $100 a barrel Wednesday for the first time since October 7, as Democrats took control of Congress. Asharq Business reported a nearly 10% drop in Brent alongside the win; Al Jazeera separately put the price at $98.96, down 4.5% at the time of its report. That day’s move sat inside a steeper week: Brent was down more than 13% since the week began, amid renewed optimism about diplomatic contacts in the Middle East, Al Jazeera said. The $100 mark is simple; the week’s story isn’t.

2 publishers2 reports

Coverage started November 4