EPIC RESEARCH MCX CRUDE OIL UPDATE OF 16 JUNE 2016
Posted by Unknown on 11:49:00 with No comments
Crudeoil trading range for the day is
3164-3306.
Crude oil prices fell following a lower than expected draw on U.S. stockpiles and amid worries Britain might leave the European Union.
U.S. crude stocks fell last week, the government said, but the decline was much smaller than anticipated, while gasoline stocks decreased sharply. Crude inventories fell by 933,000 barrels in the last week, the U.S. EIA reported, less than half the 2.3 million barrel decrease expected.
Crude oil prices fell following a lower than expected draw on U.S. stockpiles and amid worries Britain might leave the European Union.
U.S. crude stocks fell last week, the government said, but the decline was much smaller than anticipated, while gasoline stocks decreased sharply. Crude inventories fell by 933,000 barrels in the last week, the U.S. EIA reported, less than half the 2.3 million barrel decrease expected.
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