EPIC RESEARCH MCX CRUDE OIL UPDATE OF 26 JULY 2018

Crude oil trading range for the day is 4662-4856. Crude oil prices settled higher after data showed a large draw in U.S. crude stockpiles as imports fell sharply. Crude inventories fell by 6.1 million barrels in the week to July 20, compared with expectations for a decrease of 2.3 million barrels. Russia's oil production this year will increase to 551 million tonnes, a new 30-year high and up by around 3.5 million tonnes, Energy Minister Alexander Novak said.

Subscribe now for best COMMODITY TIPS

For quick free trial click here < 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+