Wednesday, October 22, 2025
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HomeOil and GasOil Trades in Tight Range Ahead of U.S. Election Result

Oil Trades in Tight Range Ahead of U.S. Election Result

Oil prices traded in a narrow range as the U.S. presidential election approached, with additional support from OPEC+ delaying a planned production increase to address weak demand. Analysts say the election’s outcome could significantly affect oil market policies and international trade.
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