Crudeoil trading range for the day is 3752-4028.
* Crude oil dropped as U.S. crude output and exports chase new records, undermining efforts by producer club OPEC to tighten global markets.
* A slowdown in economic growth would also likely result in stalling fuel demand, putting pressure prices.
* Prices also took a hit after ECB President Mario Draghi said the economy was in "a period of continued weakness and pervasive uncertainty".
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