![](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 5150-5364.
* Crude oil prices dropped as pressure seen after the IEA said in its monthly report that the market looked "adequately supplied for now"
* OPEC Secretary-General Mohammad Barkindo said that oil producers are very concerned about spare output capacity amid a reduction in energy-industry investment.
* China's daily crude oil imports in September hit their highest level since May, customs data showed.
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