My HF friend just told me he expects crude oil to be weak at the beginning if Trump loses both the House and the Senate because models will assume a lower likelihood of war resuming. However, they plan to take advantage of a sharp dip if it develops to increase their position in Chevron and Crude Oil because either a standoff scenario for the next 2 years, since Trump's hands will be tied, or the war resuming will be both supportive for the oil sector.