Crude oil trading range for the day is 3198-3308. Crude oil remained supported as the oil production freeze deal by OPEC continued to boost investors’ confidence. However gains were seen limited due to a rise in Iranian exports which add to a global supply overhang. The American Petroleum Institute data showed that U.S. crude inventories likely fell for a fifth straight week, declining by 7.6 million barrels. BUY CRUDE OIL OCT @ 3240 SL 3200 TGT 3285-3320. MCX.