![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjiY-wiNHPr3C04bSORn47xNZipZ0oEsPM_BSgN3viX-OiAafx14iSxBycAYM9uvOnhURZdK32Ext0IDTmbSzeQR-l_W__D6z7RtQu8HQ8agMKKp-8pw1-sFJEaNT-dyUtZEg4aRdKeBvM/s320/crude-oil-trades-up11.jpg)
Crudeoil trading range for the day is 4907-5035.
* Crude oil prices settled lower on signs of expanding U.S. output and fears over lower oil-demand growth amid rising global trade tensions.
* Maintenance season tends to halt refinery activity, slowing demand for crude stockpiles used as inputs in the production of product inventories.
* Oilfield services firm Baker Hughes reported that the number of U.S. oil drilling rigs in operation rose by 2 to 862.
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