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Make Oil Cheap Again

The geopolitical thermometer was RED hot at the end of October, but sentiment quickly turned “Blue” amid an expected Democratic sweep....
Published: November 5, 2026
Written by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
,
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
,
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
14 page report
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All’s well that ends well...unless you’re someone who bought Brent futures amid the “has to reach $120/bbl” chatter last week and watched it crash down below $95/bbl this week. The geopolitical thermometer was RED hot at the end of October, but sentiment quickly turned “Blue” amid an expected Democratic sweep in the US, winning control of the House and the Senate.

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Our reports are now part of The Officials, and available exclusively on the Flux platform. Existing customers can Login to Flux to access them, or you can visit The Officials to sign up for free trial access.

Written by

Martha Dowding

Research Associate, Flux
Martha Dowding

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Donna Dong

Research Analyst, Flux
Donna Dong

Vincent Wu

Research Associate, Flux
Vincent Wu

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