EPIC RESEARCH MCX CRUDE OIL UPDATE OF 15 FEBRUARY 2017

Crudeoil trading range for the day is 3516-3614. Crude oil gained on short covering with the market sentiment changed as OPEC is indeed trimming the oil supply. Concerns also seen about rising supply from U.S. shale output overshadowed an OPEC-led effort to cut global output. The dollar strengthened after Janet Yellen said she expects central bankers to raise interest rates at an upcoming meeting.



For COMMODITY TIPS ✆ – 0731-6642300

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+