Crudeoil trading range for the day is 2828-3002. Crude oil prices fell as Russia and major producers in the Organization of the Petroleum Exporting Countries indicated they will raise output.
The IEA said that 2016 would see the biggest fall in non-OPEC production in a generation, helping rebalance a market that has been dogged by oversupply.
The IEA's chief Fatih Birol said that low oil prices had cut investment by about 40 percent in the past two years, with sharp falls in US, Canada, Latin America and Russia.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Connect with our social media sites
| YouTube | Google+ |
0 on: "EPIC RESEARCH MCX CRUDE OIL UPDATE OF 22 APRIL 2016"