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Wednesday 20 February 2019

EPIC RESEARCH MCX Crudeoil UPDATE OF 20 February 2019

Crudeoil trading range for the day is 3951-4107.

* Crude oil prices eased on caution that economic growth may dent fuel demand this year.

* OPEC-member and top crude exporter Saudi Arabia is expected to reduce shipments of light crude oil to Asia in March as part of the effort to tighten markets.

* Saudi Arabia crude output fell 450kbpd to 10.643mbpd - JODI

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