MTECHTIPS- Crude oil trading range for the day is 3436-3618. Crude oil dropped amid growing evidence of a revival in U.S. shale production and sluggish demand. Crude inventories rose by 14. 2 million barrels in the week to February 3 to 503.6 million barrels, the API data showed. Crude oil exports from southern Iraq in January fell to 3. 275 million barrels per day (bpd) from 3.51 million bpd in December. SELL CRUDE OIL FEB 2017 @ 3550 SL 3590 TGT 3515-3490. MCX.