![](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 3138-3414.
* Crude oil dropped amid an economic slowdown for 2019 just as crude supplies are rising globally.
* U.S. crude production stood at a record 11.7 million barrels per day (bpd) in late 2018, making America the world's biggest oil producer.
* Others are not sitting idle, with Russian output reaching a record of more than 11 million bpd in 2018.
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