Crude oil prices ended flat on the dollar's strength as the euro remained battered by the euro zone debt crisis and amid concerns about China's moves to cool inflation and the tensions between North Korea and South Korea. India’s crude oil output rose for the 11th straight month in October as non-state companies including Cairn India Ltd. almost doubled production. The OPEC will increase crude loadings by 0.7 percent up to the middle of December, according to tanker-tracker Oil Movements, as winter demand peaks in the northern hemisphere. Now support for the crude is seen at 3857 and below could see a test of 3853. Resistance is now likely to be seen at 3864, a move above could see prices testing 3867.

Trading Ideas:

Crude trading range is 3853-3867.

Crude oil prices ended flat on the dollar's strength as the euro remained battered

Crude looks to test support at 3838 and resistance is seen at 3892.

OPEC to raise exports 0.7% on winter demand