Oil Prices and News

WTI crude oil futures fall as polls start closing in U.S. election

Oil well pump jacks operated by Chevron Corporation in San Ardo, California, on April 27, 2021.
David Paul Morris | Bloomberg | Getty Images

Ā U.S. West Texas Intermediate (WTI) crude futuresĀ fell on Wednesday as presidential election polls were closing in the United States.

WTI dropped 23 cents, or 0.3%, to trade at $71.76 per barrel at 0053 GMT. Brent crudeĀ oilĀ futuresĀ starts trading at 0100 GMT.

Republican Donald Trump has won Indiana, Kentucky and West Virginia in Tuesday's presidential election while Democrat Kamala Harris captured Vermont,Ā Edison Research projected, as polls closed in the first nine U.S. states, including Georgia and North Carolina.

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