EPIC RESEARCH MCX CRUDE OIL UPDATE OF 22 JULY 2016

Posted by Farhan Khan on 11:41:00 with No comments
Crudeoil trading range for the day is 2970-3148.              
Crude oil fell sharply as persistent concerns related to the supply glut in crude and refined product remained in focus.                
While U.S. production has been falling, crude inventories are at a historically high of 519.5 million barrels for this time of year, the EIA said.          
In June, China's exports of refined fuels surged 38% to a record-high of 4.2 million tons (1.02 million bpd), the nation's Customs Administration said.


For more Accurate MCX TIPS ✆ – 0731-6642300

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+