Crudeoil trading range for the day is 3579-3691. Crude oil edged higher amid ongoing signs that major oil producers are sticking to their pledge to cut back output. Saudi Arabia's oil output is likely to drop to around 9.9 million bpd in January, according to industry sources and shipping data. U.S. crude stocks rose 2.9 million barrels more than the 2.8 million barrels build expected, estimates from the American Petroleum Institute (API) showed.
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