Crude oil ended lower as the dollar strengthened on safe-haven buying following a surprise interest rate increase in China. Investors fear the move could dampen Chinese and global growth and slow the country's voracious demand for oil and other commodities. Workers at France's top oil port of Fos-Lavera near Marseille blocked 47 oil tankers on their 23rd day of strike action. Now support for the crude is seen at 3539 and below could see a test of
3497. Resistance is now likely to be seen at 3657, a move above could see prices testing 3733. Trading Ideas:

Crude trading range is 3590-3772.

Crude oil ended lower as the dollar strengthened on safe-haven buying

Crude looks to test support at 3622 and resistance is seen at 3686.

Today crude oil inventories: Exp: 1.5M Prev: -0.4M