EPIC RESEARCH MCX CRUDE OIL UPDATE OF 10 JUNE 2016

Posted by Unknown on 11:39:00 with No comments
Crudeoil trading range for the day is 3305-3473.              
Crude retreated from 11-month highs taking a pause from the massive rally amid heavy profit.              
Prices holding above $50 after the reports that a second militant group could enter the fray in a longstanding conflict in Nigeria.              
Data from the U.S. Energy Information Administration showed U.S. crude stocks last week fell 3.23 million barrels to 532.5 million, the third consecutive weekly fall.


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