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WTI December futures fell about 0.84% to $95.28 on November 4 as US midterm vote counting began, with a session low near $94. Brent was trading around $102.9, down from about $104.4 before the count.
Trump had said there were no plans to strike Iran immediately.
Expectations of a new phase in the Iran war, with Democrats gaining Congress, are weighing on crude. Lower crude eases diesel and freight costs, but the outlook depends on whether US military action resumes.
en.infomaxai.comJae Heon LeeNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
