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Wednesday 24 August 2016

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 24 AUGUST 2016

Crudeoil trading range for the day is 3094-3328. Crude oil prices ended with gains on report that Iran may support coordinated crude-output freeze. Iraq's prime minister said the country had not yet reached its full oil market share, suggesting his government would not restrain crude output. An attempt to jointly freeze production levels earlier this year failed after Saudi Arabia backed out over Iran's refusal to take part of the initiative. For more Accurate COMMODITY TIPS ✆ – 0731-6642300

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