EnergyEnergy: changes to oil or gas supply can affect Gulf export revenue and Kuwait fuel costs.
Oil Prices Head for 12% Weekly Loss Despite Fresh Tanker Attacks
In simple terms
Crude oil prices were on course for a weekly drop, with both Brent crude and WTI down 12% since Monday, following the results of the U.S. midterm elections, which raised hopes that the war in the Middle East could be brought to a swift end.
Earlier coverage
Earlier coverage on GreyNews
- Oil Rebounds Toward $100 as Democrats’ Sweep Rattles Energy StocksNov 6, 2026 · OilPrice
- U.S. Shale Giants Hold Back on Drilling Despite Higher Oil PricesNov 6, 2026 · OilPrice
- Latest Oil Market News and Analysis for Nov. 6Nov 5, 2026 · Bloomberg
- MARAD Approves $1 Billion Offshore Crude Oil Export Port Off LouisianaNov 5, 2026 · gCaptain
- Gold hits 2-week high as dollar, yields, oil fall after US midterms - ZawyaNov 5, 2026 · Zawya
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