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Oil prices drop below $100 for the first time in nearly a month

Crude oil prices declined sharply on Wednesday, with Brent prices falling below the $100 mark on hopes of a peace deal in the Iran war following the Democrats' victory in the US midterm elections.Brent crude prices were trading over 8% lower at $94.91 a barrel while WTI oil was at $88.42 a barrel.For live updates on US Markets, click hereDemocratic victories have prompted investors to reassess…

First reported by NBC News Latest report 2 sources
Image: NBC News
Image: NBC News
Read at The Economic Times(opens in a new tab)

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  1. NBC News

    Oil prices drop below $100 for the first time in nearly a month (opens NBC News in a new tab)

    Oil prices dropped sharply on Wednesday, as European Brent crude fell below $100 per barrel for the first time since Oct. 7.

  2. The Economic Times

    Brent crude oil price falls below $100 a barrel on hopes of Iran peace deal following Democrats' midterm victory (opens The Economic Times in a new tab)

    Crude oil prices declined sharply on Wednesday, with Brent prices falling below the $100 mark on hopes of a peace deal in the Iran war following the Democrats' victory in the US midterm elections.Brent crude prices were trading over 8% lower at $94.91 a…

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