Crude oil trading range for the day is 4697-4863. Crude oil recovered from lows as traders cheered a mostly bullish report from OPEC showing excess stockpiles of global crude has been nearly eliminated. A global oil glut has been virtually eliminated, according to OPEC, thanks in part to an OPEC-led supply cut deal in place since January 2017 and fast-rising global demand. Oil inventories in developed nations in March fell to stand 9 million barrels above the five-year average, OPEC said in a report.
Subscribe now for best COMMODITY TIPS
For quick free trial click here < 911 133 9000
Connect with our social media sites
| YouTube | Google+ |
0 on: "EPIC RESEARCH MCX CRUDE OIL UPDATE OF 15 MAY 2018"