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via seekingalpha.comMarkets

Oil plunges following U.S. midterm elections

FROM THE WIRE · SEEKINGALPHA.COM

Oil markets sold off aggressively yesterday, with ICE Brent settling 8.7% lower on the day and below $95/bbl. Selling pressure has only continued in early morning trading today.

Read at the source ↗
MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bearishAn 8.7% one-day drop in Brent is a major move for the oil market.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01ICE Brent settled 8.7% lower yesterday.
  2. 02Brent fell below $95 a barrel.
  3. 03Selling pressure continued in early trading today.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity94.47 USD+0.16%today -0.16%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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