Crude oil trading range for the day is 4006-4308. Crude oil prices settled lower as escalating trade war fears prompted investors to flee riskier assets, offsetting recent data pointing to possible tightening in domestic output. Despite the fall in US rig counts, investors remained concerned that rising US production would continue to dent OPEC and its allies efforts. U.S. production rose to record 10.43 million barrels a day, according to the Energy Information Administration.
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