![](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 5445-5659.
* Crude oil gained as more evidence emerged that crude exports from Iran, are declining in the run-up to the re-imposition of U.S. sanctions.
* Iran’s crude exports fell further in the first week of October, as buyers are seeking alternatives ahead of the start of the U.S. sanctions on Nov. 4.
* Iran’s Oil Minister Bijan Zanganeh called a Saudi claim that the kingdom could replace Iran’s crude exports “nonsense.”
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