EPIC RESEARCH MCX CRUDE OIL UPDATE OF 25 OCTOBER 2017

Crudeoil trading range for the day is 3335-3483.Crude oil prices gained after top exporter Saudi Arabia said it was determined to end a supply glut. Saudi Arabia’s energy minister said the focus remained on reducing oil stocks in industrialized countries to their five-year average. U.S. crude stocks fell by 519,000 barrels last week, industry group the American Petroleum Institute said.



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