Crude oil edged up supported by dollar weakness but hemmed in by concerns about how much stimulus the Federal Reserve will unveil at its policy meeting in early November. The Organization of Petroleum Exporting Countries will increase shipments by 1.5 percent in the four weeks to Nov. 13. The group will export 23.41 million barrels a day during the period.  A strike by workers at France's largest oil port of Fos-Lavera was blocking 38 crude oil and 20 oil product tankers on Thursday. Now support for the crude is seen at 3651 and below could see a test of 3629. Resistance is now likely to be seen at 3695, a move above could see prices testing 3717.

Trading Ideas:

Crude trading range is 3629-3717.

Crude oil yesterday edged up supported by dollar weakness

Crude looks to test support at 3652 and resistance is seen at 3695.

OPEC will increase shipments by 1.5 percent in the four weeks to Nov. 13