Oil prices fell to touch a three-month intraday low Monday and closed with slight losses as a brief boost from the U.S. presidential election continues giving way to revived concerns about oversupply. Light, sweet crude for December delivery settled down 9 cents, or 0.2%, at $43.32 a barrel on the New York Mercantile Exchange, the lowest settlement since Sept. 19. U.S. oil fell as low as $42.20 a barrel, the lowest intraday price since mid-August, before a rebound throughout the afternoon. Brent, the global benchmark, fell 32 cents, or 0.7%, to $44.43 a barrel, its lowest settlement since Aug. 10. Most of the negativity comes in one way or another by the Organization of the Petroleum Exporting Countries, analysts said. Most remain deeply skeptical that OPEC will be able to cut production to between 32.5 million and 33 million barrels a day, as it proposed in late September. Several […]