Wednesday, 31 May 2017

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 31 MAY 2017

Crude oil trading range for the day is 3138-3278.Crude oil dropped as persistent concerns of oversupply outweighed signs of a strong start to the American summer driving season.
The non-OPEC producers that have signed up to the production cut deal reached a compliance rate of 66 percent in April, up from 51 percent in March.OPEC to extend a pledge to cut production by around 1.8 million barrels per day (bpd) until the end of the first quarter of 2018 will significantly tighten the market.

For MCX Tips NCDEX Tips ✆ – 0731-6642300 or whatsapp at 7049084664

No comments:

 
biz.