Oil surged as unrest in Egypt raised concern that protests would spread to major oil-producing parts of the Middle East. Oil rose, even as OPEC output climbed 210,000 barrels, or 0.7 percent, to an average 29.395 million barrels a day in January, the highest level since December 2008.

The increase was led by gains in Iraq and Saudi Arabia. U. S. crude oil imports in November fell to the lowest level for the month in 11 years, even though oil shipments from Saudi Arabia were up 32 percent, the U. S. Energy Information Administration said. Now support for the crude is seen at 4111 and below could see a test of 4104. Resistance is now likely to be seen at 4127, a move above could see prices testing 4136.

Trading Ideas: Crude trading range is 4104-4136. Crude oil ended higher on concerns that civil unrest in Egypt could spread and threaten stability Crude oil looks to get resistance at 4144 and support is seen at 4095 level. OPEC output has risen in January to the highest since December 2008