EPIC RESEARCH MCX CRUDE OIL UPDATE OF 12 JULY 2016

Posted by Farhan Khan on 12:56:00 with No comments
Crude oil prices are likely to trade sideways today as rising production from OPEC, Canada and wary investors ahead of EIA stocks report will exert pressure. While on the other hand, fresh stimulus announced by Japan along with wide expectations of rate cut in the upcoming BoE meeting will be supportive. On the MCX, oil prices are expected to trade sideways as international markets are trading higher by 0.1 percent.


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