Wednesday 19 October 2016

EPIC RESEARCH MCX CRUDEOIL UPDATE OF 19 Oct 2016

Crudeoil trading range for the day is 3292-3398.
Crude oil prices gains as market players awaited details of a planned output cut by the Organization of the Petroleum Exporting Countries.
Saudi Arabia's crude oil exports in August fell to 7.305 mln bpd from 7.622 million bpd in July as the world's largest oil exporter pumped less.
The American Petroleum Institute said that crude oil stocks fell by a surprise 3.8 million barrels last week


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