Brent Slips to $103.34 as Traders Await U.S. Midterms

Brent crude futures, contracts for later delivery, fell 26 cents, or 0.25%, to $103.34 a barrel at 0157 GMT on November 4, 2026, per Reuters. U.S. West Texas Intermediate dropped 53 cents, or 0.55%. Investors awaited midterm results. Crude at this level feeds gasoline, diesel and transport costs, which can push up inflation and, through it, interest rates.