Crudeoil trading range for the day is 4751-5039.
* Crude oil prices settled lower as a draw in U.S. crude supplies was offset by sharp builds in product inventories.
* Inventories of U.S. crude fell by 4.302 million barrels for the week ended Aug. 31, beating expectations for a draw of 1.294 million barrels
* The Organization of the Petroleum Exporting Countries said it expected global oil demand to break through 100 million bpd for the first time this year.
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