EPIC RESEARCH MCX Crudeoil UPDATE OF 29 October 2018

Crudeoil trading range for the day is 4821-5045.

* Crude oil prices recovered from lows supported by expectations that sanctions on Iran would tighten global supplies, but prices posted a weekly drop.

* Saudi Arabia's OPEC governor said the oil market could face oversupply in the fourth quarter.

* U.S. crude oil stockpiles rose last week for the fifth consecutive week, while gasoline and distillate inventories fell, the Energy Information Administration said.


Subscribe now for best COMMODITY TIPS
For quick free trial click here < +917316642316

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+