Crudeoil trading range for the day is 6143-6415. Crude oil rose - TopicsExpress

Crudeoil trading range for the day is 6143-6415. Crude oil rose as a looming deadline to head off a U.S. default stoked worries about the outlook for demand. Chinas crude oil imports rebounded in September to a record high of 6.25 million bpd, up 28 percent on the year The prospect of a debt default in one of the worlds largest oil consumers has had an adverse effect on the demand outlook Years of sanctions have cut Iranian oil exports by more than 1 million barrels per day (bpd).

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