🛢 Oil prices fade after Democrats' oil forecasts hit their lowest level in months after US President Donald Trump lost control of both the House and Senate, raising the possibility of a quick end to the fighting. Brent fell 8.7% to $94.60 a barrel, while WTI crude fell 8.3% to #036;88.12 a barrel. 🔊 "Diplomatic control by Congress could also tighten U.S. military spending in the Middle East and further increase the possibility of a peace deal sooner rather than later," Dennis Kessler, senior president of BOK Financial, told Reuters. Chat | @geopolitics prime.

🛢 Oil prices fade after Democrats' oil forecasts hit their lowest level in months after US President Donald Trump lost control of both the House and Senate, raising the possibility of a quick end to the fighting. Brent fell 8.7% to $94.60 a barrel, while WTI crude fell 8.3% to #036;88.12 a barrel. 🔊 "Diplomatic control by Congress could also tighten U.S. military spending in the Middle East and further increase the possibility of a peace deal sooner rather than later," Dennis Kessler, senior president of BOK Financial, told Reuters. Chat | @geopolitics prime.