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Oil prices fall over 8pc

HOUSTON: Oil prices fell more than 8 percent to settle at their lowest in more than two months on Wednesday after President Donald Trump’s Republican Party lost control of Congress in midterm elections, as investors bet that the shift in power could hasten the end of the US-Israeli war with Iran. Brent futures settled USD8.98, or 8.7 percent lower, at USD94.62 a barrel, while US West Texas…

First reported by Business Recorder 1 source
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  1. Business Recorder

    Oil prices fall over 8pc (opens Business Recorder in a new tab)

    HOUSTON: Oil prices fell more than 8 percent to settle at their lowest in more than two months on Wednesday after President Donald Trump’s Republican Party lost control of Congress in midterm elections, as investors bet that the shift in power could hasten…

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