Yongchang Chin

(Bloomberg) -- Oil slumped as traders monitored the US presidential election, and an industry report signaled a gain in stockpiles.

Oil steadied after a roller-coaster session on Wednesday as traders weighed the likely impact of Donald Trump’s election victory, and a build in US crude inventories.

Brent for January settlement added 0.6% to $75.38 a barrel at 1:43 p.m. in Singapore

Yongchang Chin 1 min read (Bloomberg) -- Oil was set for a weekly advance as traders weighed the impact of the upcoming Trump

(Bloomberg) -- Oil headed for a weekly gain as the market digested the implications of a second Trump presidency, including whether it would spur an expansion of stimulus efforts from No. 1 importer China.

Yongchang Chin 2 min read (Bloomberg) -- Oil steadied after the biggest one-day drop in almost two weeks as a soft outlook in top importer China continued to plague the market.

(Bloomberg) -- Oil fell for a second straight day as a soft outlook in top importer China continued to plague the market. Most Read from Bloomberg

Oil held the biggest drop in two weeks on a soft demand outlook in China, a stronger US dollar, and concerns the market may flip to oversupply.

Oil steadied neared its lowest level this month, with the outlook for demand in focus after OPEC reduced its projections again on China’s slowdown.

Oil edged lower on signs of a possible de-escalation of tensions in the Middle East, a surging US dollar, and concerns about demand.