Thursday, 22 February 2018

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 22 FEBRUARY 2018


Crude Oil trading range for the day is 3935-4051.Crude Oil dropped amid expectations that weekly inventory data will show US crude supplies rose for a third straight week.The American Petroleum Institute reported an unexpected drop in U.S. crude oil inventories by 907,000 barrels to 420.3 million barrels.The OPEC and other producers, including Russia, will discuss extending their existing cooperation for many more years when they meet in June.

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