EPIC RESEARCH MCX CRUDE OIL UPDATE OF 1 JUNE 2016

Posted by Farhan Khan on 11:41:00 with No comments
Crudeoil trading range for the day is 3286-3394.              
Crude oil prices dropped on rising output from the Middle East and ahead of an OPEC meeting later this week.             
Iraq will supply 5 million barrels of extra crude to its international oil company partners in June, industry sources familiar with the issue said.      
OPEC's 13 members meet in Vienna on Thursday to set the group's policy, which is more focused on market share than on influencing prices.


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