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Thursday 28 September 2017

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 28 SEPTEMBER 2017

Crude oil trading range for the day is 3369-3475.Crude oil gains after data showed an unexpected draw in U.S. crude supplies pointing to a recovery in refinery activity and exports.The crude draw provided some support to oil prices as refiners came back online following Hurricane Harvey last month.U.S. crude inventories fell 1.8 million barrels last week, the U.S. Energy Department said, versus forecasts for a 3.4 million-barrel build.

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