Oil opens with a new decline, Brent towards the $97 threshold -1.2%
The WTI falls by 0.6% to 90.16 dollars a barrel, Brent approaches 97 dollars (-1.2%)
Quick Look
- Oil opens the week lower, continuing Friday's decline, the biggest since 2020.
- Markets look to hopes of an end to the conflict with Iran after the midterm elections in the United States.
- The WTI falls by 0.6% to 90.16 dollars a barrel while Brent approaches the threshold of 97 dollars (-1.2%).
AI-generated summary
Why It Matters
Oil opens the week by continuing Friday's decline, the biggest decline since 2020. Markets look to hopes of an end to the conflict with Iran after the midterm elections in the United States.
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Oil opens the week by continuing Friday's decline, the biggest decline since 2020. Markets look to hopes of an end to the conflict with Iran after the midterm elections in the United States. The WTI falls by 0.6% to 90.16 dollars a barrel while Brent approaches the threshold of 97 dollars (-1.2%)
Open Questions
- What were the specific causes of Friday's drop?
- What effects will the midterm elections have on the conflict with Iran?
- What are the price forecasts for WTI and Brent in the coming weeks?
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This article was originally published by ANSA Economia.
