Crude oil ended firm Saturday on short covering after prices fell on Friday signaling a recovery in fuel demand in the world’s biggest crude consuming nation may falter. OPEC crude oil supply rose in October, the first increase since July, largely because of higher output from Angola. Global oil demand will stay weak in the fourth quarter of 2010 as doubts over the health of the world economy continue to dampen business and consumer confidence. India's crude imports declined in September, when Indian refiners processed 10.2 percent less oil from a year ago. Now support for the crude is seen at 3618 and below could see a test of 3606. Resistance is now likely to be seen at 3640, a move above could see prices testing 3650.

Trading Ideas:

Crude trading range is 3606-3650.

Crude oil ended firm Saturday on short covering after prices fell on Friday

Crude looks to test support at 3606 and resistance is seen at 3652.

OPEC crude oil supply rose in October largely because of higher output from Angola.