INV: Oil mixed ahead of U.S. election, Chinese imports weigh
Investing.com - Oil was narrowly mixed Tuesday ahead of the U.S. election as a fall in Chinese imports weighed on the market.
U.S. crude was down 6 cents, or 0.13%, at $44.83 at 06:45 ET, while Brent crude added 0.07% to $46.18.
Hillary Clinton was ahead of Donald Trump in nationwide polls. Clinton is perceived as the more stable option for the markets.
Chinese imports of crude oil in October were down 12.9% from the previous month.
Talks continue among OPEC members on delivering a planned cut in output to address the global supply glut.
OPEC is due to hold a formal meeting in Vienna on November 30.
The dollar edged lower after Monday’s gains. A weaker dollar underpins demand for oil.
