Oil prices fall to two-month low after midterm election results

FinanceInternationalThe Washington PostNov 5, 2026, 10:22 AMAI summary

Oil prices hit $94 a barrel on Thursday, their lowest level in two months, amid expectations that Democratic control of Congress will push to end the war with Iran. Brent fell 9% on Wednesday and West Texas Intermediate dropped 8%, to $88. Stock markets in Asia, Europe and the U.S. also rose after the election results.

In 25 seconds

Brent fell 9% on Wednesday and WTI dropped 8%, to $88 a barrel.
Oil hit $94, its lowest level since early September.
Stock markets in Asia, Europe and the U.S. rose after the election results.

Read the full story at The Washington Post

IASummary generated by artificial intelligence from a story by The Washington Post. It may contain errors: the original source prevails.

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Oil prices fall to two-month low after midterm election results

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