Oil prices fall and interest rate outlook shifts following Democratic victory in US midterm elections
- 1The Democratic Party achieved a landslide victory in the US midterm elections.
- 2ICE Brent crude closed below $100 per barrel following an 8.7% drop on Wednesday.
- 3The Bank of England announced a 25bp interest rate hike on Thursday.
So what's the key point?
The Democratic Party won big in the US midterm elections. Oil prices fell, dropping below $100 per barrel.
Source CNBC · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.