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Thursday, 4 April 2019

EPIC RESEARCH MCX Crudeoil UPDATE OF 4 April 2019



Crudeoil trading range for the day is 4226-4366.

* Crude oil prices edged down after U.S. government data showed a surprise build in crude inventories

* U.S. crude stocks rose unexpectedly last week as imports climbed, while gasoline stocks decreased and distillate inventories fell.

* A survey found earlier this week that OPEC's oil production in March 2019 fell to its lowest level since February 2015.

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