Crudeoil trading range for the day is 4026-4176. Crude oil dropped amid a firmer dollar and ongoing investor jitters concerning rising US output weighed on sentiment. With refinery activity lighter, excess crude stockpiles are likely to build, dampening major oil producers’ efforts to rid the market of excess supplies, pressuring oil prices.A fresh batch of US energy supply data is expected to show crude supplies rose for the second straight week.
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