Crudeoil trading range for the day is 3242-3432.
Crude oil prices dropped as financial market confidence in the rally came up against a physical excess of crude.
Some of the support came from Hurricane Matthew in the U.S. Gulf, which could disrupt U.S. oil imports and lead to fuel shortages.
OPEC members are scheduled to meet November 30 in Vienna to discuss the details of an agreement to cut output to 32.5-33 million barrels per day.
Crude oil prices dropped as financial market confidence in the rally came up against a physical excess of crude.
Some of the support came from Hurricane Matthew in the U.S. Gulf, which could disrupt U.S. oil imports and lead to fuel shortages.
OPEC members are scheduled to meet November 30 in Vienna to discuss the details of an agreement to cut output to 32.5-33 million barrels per day.

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