EPIC RESEARCH MCX CRUDE OIL UPDATE OF 10 MAY 2017

Crude oil trading range for the day is 2910-3054.Crude oil dropped rattled by concern over slowing demand, a rising U.S. dollar and increasing U.S. crude output.U.S. crude production has risen by over 10 percent since mid-2016 to 9.3 million bpd, close to the output of top producers Russia and Saudi Arabia.Saudi Energy Minister Khalid Al-Falih: Saudi Arabia has made long term commitment to Asia. Want to play bigger role in meeting Asia demand.

For COMMODITY TIPS ✆ – 0731-6642300




Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+