After the worst week for oil since January, crude prices firmed up on Monday ahead of Tuesday’s historic election. Oil dropped 10 percent last week, in large part due to lowering expectations that OPEC could succeed in working out a production cut at the end of the month and also because the EIA reported a record high build up in oil inventories. Oil dropped below $45 per barrel, hitting nearly two-month lows. Of course, the elephant in the room is the U.S. presidential election. While not directly related to oil prices, the financial markets have been reacting in dramatic fashion to recent movements in the polls. And as Bloomberg reports, they have a clear preference for who they want to win: Hillary Clinton. The former Secretary of State is seen as a known quantity, while Donald Trump as a wildcard. When Trump moved up in the polls […]