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عين ليبيا
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عين ليبيا

2026-11-05T09:02:01.000Z

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عين ليبياعين ليبياعين ليبيا
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عين ليبيا

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Oil plunges, gold peaks

Oil plunges, gold peaks

Oil prices fell for a fourth consecutive day, with Brent down 0.7% to $93.95 a barrel and West Texas Intermediate down 1.29% to $86.98, amid expectations that the results of the U.S. congressional elections would reduce the likelihood of an escalation in the war with Iran. JPMorgan estimated the oil supply surplus at about 1.1 million barrels per day in September, rising to 1.4 million in October, while analysts warned that geopolitical risks remained and inventories were limited. Gold, by contrast, rose about 2% to $4,134.83 an ounce, supported by a weaker dollar and falling U.S. Treasury yields following Democratic gains in the elections.

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