Crude oil trading range for the day is 4115-4363.
Crude oil dropped as higher U.S. crude inventories and easing worries about U.S.-Iran standoff pushed down prices for a second straight session.
But gains were muted as Washington and Tehran looked to defuse a crisis in the crude-producing region.
U.S. crude oil stockpiles rose unexpectedly last week and gasoline inventories surged by their most in a week in four years.
Crude oil dropped as higher U.S. crude inventories and easing worries about U.S.-Iran standoff pushed down prices for a second straight session.
But gains were muted as Washington and Tehran looked to defuse a crisis in the crude-producing region.
U.S. crude oil stockpiles rose unexpectedly last week and gasoline inventories surged by their most in a week in four years.
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