# Oil Prices Rebound Sharply After Brutal Midweek Rout

- Source: OilPrice.com
- Published: 2026-11-05T19:30:00+00:00
- Category: Local
- Original: https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Rebound-Sharply-After-Brutal-Midweek-Rout.html
- Canonical: https://groundlevelnews.com/story/oil-prices-rebound-sharply-after-brutal-midweek-rout-4a336b/

Oil prices surged Thursday, recovering some of Wednesday's staggering losses as traders reconsidered whether the U.S. midterm election results would actually bring a swift end to the Iran war. Brent crude had climbed to $98.01 per barrel by early afternoon, gaining $3.39, or 3.58%, while West Texas Intermediate rose $2.21, or 2.51%, to $90.33. Both benchmarks continued climbing later in the sessio

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