Oil Holds Near Two-Month Low as Diplomatic Hopes Persist
Brent crude is up 0.5% at $95.07 a barrel, while WTI is down 0.1% at $88.02. Oil held near a two-month low after falling more than 8% in the previous session.
Oil prices hold near a two-month low after tumbling more than 8% in the previous session on hopes that a Democratic sweep in the U.S. midterm elections could accelerate efforts to end the Iran war. Brent crude is up 0.5% to $95.07 a barrel, while WTI futures tick 0.1% lower at $88.02 a barrel. The…