Crudeoil trading range for the day is 2980-3214.
Crude oil edged up but prices pared gains after the International Energy Agency rekindled fears that the market remains over supplied.
The IEA said the world oil market would remain over supplied for at least another year despite falls in output from non-OPEC producers.
OPEC’s monthly oil market report showed a daily output of 31.57 million barrels, the highest since 2012.
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