EPIC RESEARCH MCX CRUDE OIL UPDATE OF 27 AUGUST 2018

Crude oil trading range for the day is 4735-4891. Crude oil prices gained on signs that Iran sanctions may limit global supply and that a trade war may not curb China’s appetite for U.S. crude. The supply versus demand outlook for oil markets was relatively tight because of the looming U.S. sanctions against Iran, which will target oil exports from November. OPEC and other oil exporting producers are expected to agree on a mechanism to monitor their crude production before the end of the year, Kuwaiti Oil Minister Bakhit al-Rashidi 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+