Sidebar Menu Mobile En Now Follow us Live Blog Update| Israeli Elections 4 November 2026 16:27 GMT Benchmark international oil contract Brent crude dropped more than four percent to under $100 per barrel on Wednesday following heavy defeats suffered by US President Donald Trump's Republican Party in the midterm elections. The price of Brent crude for delivery in January went down 4.7 percent to $98.76 per barrel, hitting below $100 per barrel for the first time since early October. The benchmark US oil contract, WTI, also dropped 4.5 percent to $91.73 a barrel.
Brent crude oil falls under $100 a barrel after Trump's midterm defeats
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