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Monday, 25 April 2016

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 25 APRIL 2016

Crudeoil trading range for the day is 2841-3021.              
Crude oil prices rose as market sentiment turned more upbeat amid signs a persistent global supply glut may be easing.              
Investors also pointed to strong crude imports to China in March as supporting prices.
Falling output, especially in US, where many producers have reeled from an up to 70 percent oil price rout since mid-2014, helped to lift the market.     

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