Oil Rebounds Toward $100 as Democrats’ Sweep Rattles Energy Stocks
The Quick Take
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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