Crudeoil trading range for the day is 4505-4717.
* Crude oil dropped after a report that Washington has granted several countries waivers on sanctions on Tehran, allowing them to continue to import Iranian crude.
* Iran's crude oil exports to fall to 1.15 million bpd by the end of the year, down from around 2.5 million bpd in mid-2018.
* Russian Energy Ministry data showed the country pumped 11.41 million barrels per day (bpd) of crude oil in October, a 30-year high.
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