Crude Oil Gained On Short Covering With The Market Sentiment Changed As OPEC

Crude Oil trading range for the day is 3516-3614. Crude oil gained on short covering with the market sentiment changed as OPEC is indeed trimming the oil supply. 

Concerns also seen about rising supply from U.S. shale output overshadowed an OPEC-led effort to cut global output.

The dollar strengthened after Janet Yellen said she expects central bankers to raise interest rates at an upcoming meeting.

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