Crudeoil trading range for the day is 3191-3315. Crude oil prices gained nearly 2% as bigger-than-expected weekly declines in U.S. gasoline and distillate supplies offset pressure from a surprise rise in crude stockpiles.
Loss can be seen in today's session as dollar gained after minutes from the Fed’s latest meeting suggested the central bank might still raise interest rates in June.
Iran's oil exports are set to jump in May, particularly to Asia and Europe, to be up nearly 60 percent from a year ago to 2.1 million bpd.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Connect with our social media sites
| YouTube | Google+ |
0 on: "EPIC RESEARCH MCX CRUDE OIL UPDATE OF 19 MAY 2016"