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CNBC - Energy

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Tags: energy

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Oil prices rose Friday as investors weighed the risk of renewed U.S.-Iran military escalation after the midterms, alongside prospects for a diplomatic breakthrough.

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Bob McNally predicts that both Brent and West Texas Intermediate futures will jump above $100.

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Democrats are certain to scrutinize the U.S. intervention in Venezuela, administration mineral deals and the cancellation of previously fund energy projects.

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Rising energy demand offers investment opportunities, but geopolitical risks and oil price uncertainty cloud the outlook, executives and an analyst said.

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Some companies took at hit after the election, while others rallied. Here are the biggest names making moves on Wednesday.

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