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US oil prices fall below $93 as markets react to Midterm Election results

By Estefano Gomez

The election results may lead to policy shifts affecting geopolitical stability, influencing long-term oil market expectations and price volatility. The post US oil prices fall below $93 as markets react to Midterm Election results appeared first on Crypto Briefing.

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Crude oil

Unrefined petroleum extracted from the ground; Brent and WTI are its main global price benchmarks.

Oil prices feed into fuel, transport and goods costs, and so into inflation.

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The way geography, resources and power shape relations and rivalries between countries.

Geopolitical tensions influence trade, energy prices and security around the world.

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