MTECHTIPS;- Crude oil to trade in 3500-3702 range: Achievers Equiti

MTECHTIPS;- Crude oil to trade in 3500-3702 range: Achievers Equities

MTECHTIPS- Crude oil trading range for the day is 3500-3702. Crude oil dropped as prices declined after data showed a surprise increase in U.S. crude supplies last week. The U.S. EIA said in its weekly report that crude oil inventories rose by 2.3 million barrels in the week ended December 16. Trust between oil producing countries is important if a global deal to curtail output is to succeed, Russian Energy Minister Alexander Novak said. SELL CRUDE OIL JAN @ 3580 SL 3630 TGT 3535-3490. MCX.

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