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Tuesday 20 March 2018

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 20 MARCH 2018

Crude oil trading range for the day is 4000-4120. Crude oil dropped as fears of rising U.S. production persisted amid an uptick in U.S. oil rigs. Saudi Oil exports rose to 7.17mbpd In Jan Vs 7.045m: Jodi. U.S. drillers added four oil rigs in the week to March 16, bringing the total count to 800, according to the weekly report.

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