Commodities

Crude oil prices fall below $90 a barrel as Vance blames GOP election defeat on Iran war

Crude oil prices tumbled Wednesday after U.S. Vice President JD Vance blamed the Republican midterm election defeat on the war against Iran. U.S. West...

Oil prices are in freefall now that the Democratic sweep is ‘rewriting the Iran playbook’

Oil prices fell sharply on Wednesday, putting them on track for their largest weekly decline since 2020. Investors are weighing the possibility that a...

Current price of oil as of November 4, 2026

At 7 a.m. Eastern Time, the price of oil stood at $105.84 per barrel, using Brent as the benchmark, down $4.61 from the previous...

The AI trade has been ‘sold to death’ but Goldman strategist highlights silver lining from Democratic sweep

Sentiment toward stocks linked to artificial intelligence has become unequivocally negative in recent weeks. According to a Goldman Sachs strategist, their derating and the...

The Strait of Hormuz closure has cost Europe an extra $142 billion for the same energy it was already buying

European Commission President Ursula von der Leyen said the effective closure of the Strait of Hormuz has cost Europe an additional €127 billion, or...

This gold miner is a cash machine. Why I think the sell-off is an opportunity

Tim Seymour, founder and chief investment officer of Seymour Asset Management, believes Agnico Eagle Mines is an opportunity to buy after the sharp decline...

Current price of oil as of November 3, 2026

At 6:45 a.m. Eastern Time, oil was trading at $110.45 per barrel based on the Brent benchmark, down $2.15 from the previous morning and...

Oil has had a massive run, but a prominent bull sees a turning point on midterm eve

Jeff Currie, a former Goldman Sachs and Carlyle strategist, has been bullish on oil since the pandemic and strengthened that stance when the Iranian...