Wednesday 28 June 2017

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 28 JUNE 2017

Crudeoil trading range for the day is 2778-2918. Crude oil rose as investors looked ahead to weekly data from the U.S. on stockpiles of crude and refined products. OPEC will not rush into making a further cut in oil output or end some countries' exemptions to output limits, OPEC delegates said. Iran said OPEC was considering further cuts but should wait until the effect of the current reduced level of production became clear.

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