Oil Falls Amid Iran War Uncertainty and Midterm Sweep Concerns
Oil prices fell as markets weighed uncertainty over the Iran war and a potential US Democratic midterm sweep.
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US crude inventories fell over the week
EIA reported a weekly decline in crude inventories, while the forecast called for an increase.
M impact | ENERGY | Nov 04, 2026, 03:30 PM UTC
Cushing crude inventories increase
L impact | ENERGY | Nov 04, 2026, 03:30 PM UTC
US SPR: -0.399 million barrels at 282.184 million barrels
L impact | ENERGY | Nov 04, 2026, 03:30 PM UTC