Crude trading range for the day is 4994-5066.Crude dropped as a subdued outlook for demand growth and easing supply concerns weighed.OPEC production is expected to trend higher as Saudi Arabia adds to supplies in coming months.IEA said it remained bearish on oil demand for 2013 and trimmed its outlook for oil demand growth by 20,000 bpd to 820,000 bpd.Crude is holding with a support at 4994 and resistance will be likely at5066.
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