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“The drop in prices over the past week showed optimism in the world oil trade by investors off the back of a Democratic majority win in both the House and the Senate in the US midterm elections, according to Daniel Prior, supply chain expert at the University…”

“President Donald Trump predicted in September that oil and gasoline prices would fall after the midterm elections.”

“After the price drop, Patrick De Haan, a petroleum expert at tracking firm GasBuddy, predicts that fuel prices will continue to ease into the Thanksgiving holidays.”

“The drop in pump prices came after oil futures plunged 13% last week.”

“(The October data will not contain a year-ago number after the U.S. government shutdown disrupted the agency’s data collection, forcing it to skip the October 2025 CPI report entirely.) Even with some relief, the October data is set to illustrate the price…”

“The S&P climbed 2.3 per cent and was on track for a second straight gain following a wipeout on worries that Democratic victories in the US midterm elections could lead to a slowdown in the construction of AI data centres.”

“Fuel prices drop after midterm elections Patrick De Haan, head of petroleum analysis at GasBuddy, explains what's behind the decrease in prices.”

“Oil prices posted their sharpest drop in three months Monday, after a series of headlines on Iran gave investors hope that the Trump administration would find a way to end the conflict without further escalation.”

“Petrol prices have dipped amid renewed diplomatic efforts to end the US-Israel war on Iran, but remain high ahead of the United States midterm elections, as the cost of living remains a central issue for voters.”

“The US stock market remains only 3.1 per cent below its all-time high, which has boosted the value of workers’ retirement accounts, but it’s become increasingly shaky as Tuesday’s midterm elections in the United States approach.”

“Even when national average gas prices pivot lower, as they did throughout October, that doesn’t always extend to parts of the country where refinery activity influences fuel costs, particularly in the Great Lakes region.”

“Federal Reserve set to issue interest rate decision as midterm elections loom Markets expect the central bank to hold rates steady for now.”

“Log in Driven by escalating food and gasoline costs, consumer prices in the United States likely accelerated in September, presenting another setback for President Donald Trump and the Republican Party ahead of the crucial November 3 midterm elections.”

“And the final government inflation report before November’s pivotal midterm elections will likely reflect how much of a headache it’s become for businesses and consumers.”

“The dynamics behind gas prices have garnered added urgency as the United States hurtles toward midterm elections in less than a month.”

“The latest price surge comes as President Trump mulls a 90-day ban on US diesel exports as he tries to keep pump prices down and shore up support ahead of November's midterm elections.”

“A political crisis For months, the Trump administration has claimed that fuel prices will drop sharply as soon as the war is over.”

“President Donald Trump, who has repeatedly tried to downplay the effects of the Iran war, said that oil prices likely won't come down until after November's midterm elections.”