API weekly U.S. crude inventories for the week to Oct. 30 due in 10 minutes.

U.S. President Trump said that, from a historical perspective, people will judge he did the right thing.

Former US President Barack Obama said US voters "sent a clear message" and urged Democrats to "roll up their sleeves" and work harder. He said the results reflected outstanding candidates nationwide, including some previously viewed as long shots, who share common values and a commitment to public service. Obama thanked election officials and volunteers and noted the administration has two years remaining, calling on Democrats to pursue achievable change, prevent further deterioration and lay groundwork for the future.