Oil prices tumble as Trump pulls ahead in close US election
None
SINGAPORE - Oil prices tumbled on Wednesday as vote counting showed Republican Donald Trump edging ahead in an unexpectedly tight US presidential election, setting world markets on edge.
Crude futures markets roared into action as Trump surprised by defeating Democrat Hillary Clinton in a series of key contests and opening a path to the White House.
US West Texas Intermediate (WTI) crude futures fell to a session low of $43.07 per barrel, down more than 4 percent from their last close and their lowest since September, before inching back to $43.26 a barrel at 0455 GMT.
International Brent crude futures were down 3.3 percent at $44.51 a barrel.
"This is dejavu of the Brexit moment, very worrying," said Bob Takai, president at Sumitomo Corp Global Research in Tokyo, referring to Britain's surprise vote to leave the European Union in a referendum last June, which led to market turmoil.
