Crudeoil trading range for the day is 3153-3261. Crude oil prices gained supported by supply outages in Nigeria, Canada and other producers that are eroding a persistent glut.
Goldman added that the fall in supply happened more quickly than expected, though they expect supply to rebound in 2017.
U.S. shale oil has been declining and is expected to fall in June for an eighth consecutive month, according to a U.S. government forecast.
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