Crude oil rose Saturday due to signs of economic growth in Asia and the U.S., triggering buying by traders and commodity investors. Seaborne oil OPEC exports, excluding Angola and Ecuador, will rise by 420,000 barrels per day in the four weeks to April 17. Now support for the crude is seen at 3810 and below could see a test of 3791. Resistance is now likely to be seen at 3841, a move above could see prices testing 3853.

Trading Ideas:

Crude trading range is 3791-3853.

Crude oil rose Saturday due to signs of economic growth triggering buying

Support for the crude is at 3810 and resistance is at 3853.

Seaborne oil OPEC exports, will rise by 420,000 barrels per day

BUY CRUDE MAR @ 3780-3790 SL 3758 TGT 3806-3822-3835.MCX