Crudeoil trading range for the day is 3482-3790.
Crude oil dropped on signs of oversupply in US and as investor sentiment remained under pressure from concern over global economic growth and fuel demand.
Chinese oil refinery throughput in November fell from October, suggesting an easing in oil demand. Baker Hughes said that U.S. drillers cut four oil rigs in the week to Dec.
14, pulling the total count to the lowest since mid-October at 873.
The OPEC and its Russia-led allies have agreed to curb output from January, in a move to be reviewed at a meeting in April.
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