Sushil Finance expects crude oil prices to trade positive as Russia's comments may slow the president's plan on getting rid of and could keep Iraq's production slowed or in danger.

U.S. Crude futures broke higher during morning trade in New York after triggering technical support levels. Its sharp rebound from a 16-month low lowered Brent's premium over U.S. crude to less than USD 5 a barrel intraday, its smallest since July.

''We expect Natural gas prices to trade on a positive note on the back of cooler-than-normal temperatures over next 10 days,'' it added.

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