Crudeoil trading range for the day is 5945-6119.
Crude oil dropped on prospects for ports in eastern Libya to resume exports and a possible scaling back of the Fed’s massive stimulus programme.
Libya's government expects eastern tribes to reopen three oil ports, which could increase output at OPEC producer from current 250,000bpd
There are doubts as to whether Libya can raise its output to pre-protest levels of more than 1 million bpd
Downside seen limited supported by supply concerns arising from bombings near the Suez Canal, a major transportation channel for global oil markets.
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