# Oil Rebounds Toward $100 as Democrats’ Sweep Rattles Energy Stocks

- Source: OilPrice.com
- Published: 2026-11-06T01:00:00+00:00
- Category: Local
- Original: https://oilprice.com/Energy/Energy-General/Oil-Rebounds-Toward-100-as-Democrats-Sweep-Rattles-Energy-Stocks.html
- Canonical: https://groundlevelnews.com/story/oil-rebounds-toward-100-as-democrats-sweep-rattles-energy-stocks-e678ef/

Oil prices reversed their recent downtrend on Thursday, a day after Democrats swept control of both the House and Senate, creating a potential legislative check on U.S. President Donald Trump’s administration. Brent crude was up 4.0% to trade at $98.38 per barrel at 3:15 pm ET, while WTI gained 2.9% to $90.65, with prices rising for the first time in four sessions after plunging to a near two-mont

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