Macro Finance
Oil prices drop below $100 for the first time in nearly a month
NBC Business·November 4, 2026·1 min read
Oil prices dropped sharply Wednesday, with European Brent crude falling below $100 per barrel for the first time since Oct. 7. The decline comes amid easing geopolitical tensions and market reactions to the US midterm election results, signaling a shift in supply and demand dynamics.
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