EPIC RESEARCH MCX CRUDE OIL UPDATE OF 8 JUNE 2016

Crudeoil trading range for the day is 3288-3392.              
Crude oil gained buoyed by the dollar nearing one-month lows and by falling Nigerian oil output after a spate of attacks on infrastructure.          
Output of Nigeria's Bonny Light crude has dropped by around 170,000 barrels per day (bpd), following attacks on pipeline infrastructure  
Crude reserves at the Cushing, Oklahoma delivery hub slipped by about 1 million barrels over the week to June 3, Genscape said 

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