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Wednesday, 13 April 2016

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 13 APRIL 2016

Crudeoil trading range for the day is 2622-2872.              
Crude oil after a report that top producers Russia and Saudi Arabia have agreed to freeze output.        
Many members of OPEC plus outside producers such as Russia are meeting Doha, Qatar, on Sunday to discuss freezing output.
U.S. crude stocks rose by a larger than expected 6.2 million barrels to 536.3 million last week, data from industry group the API showed.

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