OREANDA-NEWS Quotes from leading Russian oil and gas companies are declining on the morning of November 5 amid the defeat of Republicans in the congressional elections, which could significantly complicate decision-making by the administration of US President Donald Trump, which is actively involved in negotiations to resolve the Ukrainian conflict. In particular, according to trading data, Gazprom's shares are sharply falling in price, losing 4.8 percent of their value at the moment.

The general index of the Moscow Stock Exchange is decreasing by 1.24 percent, falling to the area of 2,400 points. At the same time, for example, VK securities continue to grow rapidly in price, as at the beginning of the week, adding more than 26 percent on Thursday.

Oil is actively getting cheaper against the background of the results of the US elections, the failure of which in the White House was directly attributed to the impact of the consequences of the Iranian conflict, which, as expected, will now be in his interests to end. In light of this, shares of Chevron and Exxon Mobil fell by 3.7 and 4.6 percent, respectively, although overall shares of American companies rose in price.

Global gas prices have risen sharply, but they may also fall back sharply, and stability is more important for Russia, as one of the world market leaders, Russian President Vladimir Putin said last week.