EPIC RESEARCH MCX CRUDE OIL UPDATE OF 30 MAY 2016

Posted by Farhan Khan on 12:25:00 with No comments
Crudeoil trading range for the day is 3254-3348.              
Crude oil dropped as prices came under pressure from a strong U.S. dollar, buoyed by generally positive U.S. economic data.    
Oil pushed through $50 for the first time in about seven months on Thursday after supply disruptions from Canadian wildfires.          
Saudi Arabia has offered larger quantities of crude to customers in Asia after a series of oilfield maintenance initiatives were completed earlier in week.


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