Oil continues to fall amid bets on the imminent end of the Iran war after the Democrats' victory "Brent" drops to $94.04 and West Texas to $87.14 after losses of more than 8% The Democrats' control of both chambers of Congress gives them greater influence over government spending and may limit the administration's ability to manage conflict. U.S. distillate inventories fall below 100 million barrels, the lowest level since 2003, as fuel shortages persist. Details: