Oil prices extend their slide on hopes that the US midterm results will help end the war with Iran
Brent crude fell below $100 for the first time since 7 October on hopes of an end to the Iran war.
FL Far leftL LeftC CentreR RightFR Far right Bias scale, not party colours
Our outlet list is not evenly split: about 50% left-rated, 15% centre and 35% right-rated, so raw splits lean left by construction. Blindspots are tested against each side's own share. About our sample.
Left 0 · Centre-left 6 · Centre 1 · Centre-right 2 · Right 0
ContextSources by leanVideoDeep diveFollow the moneyMore coverage
How each side framed it
Left-leaning outlets
'Oil prices drop below $100 as midterms fuel hope for an end to the Iran war' (NBC News); 'Oil Extends Slide After Plunging 8% on Hopes to End US-Iran War' (Bloomberg).
Centre outlets
Centre-rated outlets headline it: “Oil tumbles below $100 on post-election peace hopes” (Financial Times).
Right-leaning outlets
'Oil Futures Slump As Iran Peace Efforts Ease Supply Fears' (Wall Street Journal); 'Stocks surge, and the Dow soars 1,500 points as oil prices tumble following the…' (ITV News).
Context
We write the background for the day's biggest stories; for this one, start with these searches. How it works.
Search for more (live results, not checked by us): Wikipedia search · Explainers (Google News search) · Background and history (Google News search)
Sources by lean
Balanced: the same number of articles from the left, the centre and the right (up to 3 each). The bar above still counts every rated outlet we found. Bias and factual ratings come from Media Bias/Fact Check. How we balance · All ratings.
L Left 1
C Centre 1
- Financial Times C
Oil tumbles below $100 on post-election peace hopes (paywalled or blocks bots)
R Right 1
- Wall Street Journal R
Oil Futures Slump As Iran Peace Efforts Ease Supply Fears
Showing 1 from each side of 9 rated outlets (L 6 / C 1 / R 2). Capped at 1 because that is all we found on the thinnest side. More coverage
Video
News reports, explainers and podcasts on YouTube. We pick and balance videos for the day's biggest stories; for this one, use these searches. Links open YouTube, which has its own privacy policy; nothing from YouTube loads on this page.
YouTube searches (live results, not checked or balanced by us): News videos · Explainers · Podcasts
Deep dive
A short prompt for thinking it through. We write a fuller side-by-side deep dive for the day's biggest stories.
The paradox: One price move, read as a bet on peace or on politics.
A question to hold: What would each side need to see to change its mind?
Try it: open one left and one right article in Sources by lean and note what each takes for granted.
Follow the money
Not yet researched. We haven't yet looked at who gains or loses financially from this story, or who funds the main voices on each side. When we do, we check company filings, the Electoral Commission donations register, lobbying registers, annual reports, InfluenceMap and OpenSecrets, and we apply the same checks to every side. How we follow the money.
Who owns or funds the outlets covering this story (9 outlets)
| Outlet | Lean | Ownership & funding (MBFC) |
|---|---|---|
| Associated Press | Centre-left | The Associated Press (AP) is a nonprofit news cooperative with a profit of $1.6 million in 2016. It also sells content to other media organizations. According to an article titled “ AP reports loss on one-time accounting charges,” t he Associated Press lost $74 million in 2017, and it states the reason as “mostly due to one-time accounting charges related to the federal tax overhaul passed late last year.” source |
| Axios | Centre-left | Cox Enterprises, a significant media conglomerate in the U.S, primarily own Axios. The outlet generates revenue primarily through advertising, native content, and sponsored newsletters. Unlike some outlets, Axios does not rely on subscription fees, allowing its content to remain widely accessible. source |
| Bloomberg | Centre-left | Michael R. Bloomberg is the founder and majority owner of Bloomberg LP (The parent company of Bloomberg News). According to Investopedia, Bloomberg Terminal (remote software used to access financial information) is the most expensive among financial data providers. source |
| CNBC | Centre-left | CNBC is owned by NBC Universal, which Comcast owns. Comcast’s Chairman and Chief Executive Officer (CEO) is Brian L. Roberts, founded by his father, Ralph J. source |
| NBC News | Centre-left | No ownership data found |
| Washington Post | Centre-left | In 2013, Amazon CEO Jeff Bezos bought The Washington Post for $250 million. Bezos is a frequent target of Trump, who has accused the businessman of using the Postal System as its “ Delivery Boy. ” The newspaper’s executive editor, Martin Baron, said Jeff Bezos, who founded Amazon, is not involved in its news coverage. source |
| Financial Times | Centre | The Financial Times is owned by The Nikkei, a Japanese news and financial information company that publishes the leading financial paper, The Nikkei. The FT generates revenue through subscriptions, a hard paywall, and advertising..push({}); source |
| ITV News | Centre-right | No ownership data found |
| Wall Street Journal | Centre-right | In 2007, The Bancroft family and relatives sold the Wall Street Journal to Rupert Murdoch for 5 billion dollars. Rupert Murdoch also purchased its parent company, Dow Jones & Co., through News Corporation. Subscriptions and advertising fund the Wall Street Journal. source |