EPIC RESEARCH MCX Crudeoil UPDATE OF 29 November 2018

Crudeoil trading range for the day is 3515-3783.

* Crude oil prices remained under pressure from U.S. government data that revealed a tenth straight weekly climb in domestic crude inventories.

* U.S. crude inventories added 3.6 million barrels to the most in a year at 450 million barrels, exceeding expectations, the EIA said.

* The EIA report also showed that gasoline inventories unexpectedly fell by 0.76 million barrels, compared to expectations for a build of 0.64 million barrels.


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