# Crude oil futures fall ahead of US midterm election outcome

> Brent January futures were at $102.95 and WTI December futures at $95.31 in morning trade on Wednesday as markets awaited US midterm results. Qatar-brokered talks to end the Iran conflict were also being watched.

- Date: 2026-11-04 · published 2026-11-04T06:07:40.857Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/79179-crude-oil-futures-fall-ahead-of-us-midterm-election-outcome
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Crude is trading lower on hopes of an Iran settlement, which would reduce the energy-driven cost pressure on feed ingredients and freight.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/crude-oil-futures-fall-ahead-of-us-midterm-election-outcome/article71663954.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.