Crude oil ended higher amid supply worries in the wake of a strike in French refineries and on geopolitical tensions over Iran's nuclear posture. Oil refinery output in 16 European countries fell 6.5 percent to 11.317 million barrels per day in January from a year earlier. U. S. demand for crude oil and petroleum products fell sharply in January from year-ago the American Petroleum Institute said.

Now support for the crude is seen at 3639 and below could see a test of 3573. Resistance is now likely to be seen at 3744, a move above could see prices testing 3783.

Trading Ideas:

Crude trading range is 3573-3783.

Crude oil ended higher amid supply worries in the wake of a strike in French refineries.

Support for the crude is at 3678 and resistance is at 3732.

Oil refinery output in 16 European countries fell 6.5% to 11.317mbls per day in January.

BUY CRUDE MAR @ 3670-3685 SL 3648 TGT 3700-3722-3738.MCX