Brent Falls Below $94 as Markets Weigh Middle East War Outlook
Brent extended losses to below $94 a barrel in Asia. CBA currency strategist Samara Hammoud said markets were weighing whether a Democratic sweep in the U.S. midterms could increase pressure to end the war in the Middle East.
Brent oil prices extended their losses to below $94 per barrel in Asia as markets reckoned that the Democratic sweep in the U.S. midterms could increase pressure to end the war in the Middle East, says Samara Hammoud, a currency strategist at CBA. A Democratic Congress will likely intensify scrutin…