Oil Prices Sink to Two-Month Lows After U.S. Midterm Election
Oil futures fell to two-month lows Wednesday as the Democratic sweep of Congress raised expectations for a quick resolution to the Middle East conflict and eased concerns about possible U.S. military escalation.
By Giulia Petroni and Farhan RafidOil futures sank to two-month lows Wednesday after the Democratic sweep of Congress in the U.S. midterm elections raised market expectations for a quick resolution to the conflict in the Middle East, and eased concerns of a possible U.S. military escalation.Brent c…