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CRUDEOIL

* Crude oil trading range for the day is 4343-4583.

* Crude oil recovered as the positive news on the vaccine front with AstraZeneca's vaccine proving to be 79% effective supported oil prices

* Goldman sees oil price pullback as buying opportunity

* Speculators raise U.S. crude oil net longs-CFTC

* China's crude imports from Oman, UAE jump as Iranian barrels fall

SELL CRUDEOIL APR 2021 @ 4500 SL 4560 TGT 4430-4380.MCX

NATURAL GAS

* Natural gas trading range for the day is 176.9-191.3.

* Natural gas rose on record LNG exports and forecasts demand will rise next week after low gas prices in past weeks.

* That decline came despite forecasts for milder weather and less heating demand this week than previously expected.

* Speculators cut their net long positions for a fourth time in a row to their lowest level since July 2020.

* Refinitiv projected average gas demand, including exports, would rise from 98.6 bcfd this week to 99.4 bcfd next week

SELL NAT GAS MAR 2021 @ 184.00 SL 188.50 TGT 179.50-176.50.MCX

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