MTECHTIPS:-Crude oil to trade in 3508-3650 range: Achievers Equities

MTECHTIPS:-Crude oil to trade in 3508-3650 range: Achievers Equities

MTECHTIPS- Crude oil trading range for the day is 3508-3650. Crude oil settled flat after prices seen supported by strong demand and supply cuts by Abu Dhabi, Kuwait and Qatar as part of production curbs. Russian Energy Minister said he would discuss with Russian oil companies how they will cut oil production to implement. Kuwait Petroleum Corp notified customers of a cut in contractual crude supplies for January, as did Qatar Petroleum. SELL CRUDE OIL DEC BELOW 3560 SL ABV 3592 TGT 3518-3470. MCX.

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