WTI and Brent crude oil rose in early trading as the Democrats' victory in the US midterm elections prompted markets to await policy moves from Washington.
WTI and Brent crude oil rose in early trading as the Democratic Party's victory in the US midterm elections prompted markets to await policy moves from Washington. Brent crude futures rose 82 cents, or 0.8%, to $104.42 a barrel, while US West Texas Intermediate (WTI) futures gained 50 cents, or 0.5%, to $96.59 a barrel, reversing earlier losses. In the previous session, Brent had tumbled to its lowest level in nearly four weeks as traders weighed negotiations aimed at ending the wars in Ukraine and Iran.
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