MTECHTIPS- Crude oil trading range for the day is 3034-3198. Crude oil dropped as expectations of an OPEC deal to limit production outweighed evidence of global oversupply and rising inventories. Saudi Energy Minister Khalid al-Falih said he was optimistic OPEC would formalize a preliminary oil output deal reached in Algeria in September. OPEC countries are ready to reach a “forceful” agreement on cutting oil output, Venezuelan President Nicolas Maduro said. BUY CRUDE OIL NOV BELOW 3095 SL ABV 3132 TGT 3062-3030. MCX.