EPIC RESEARCH MCX CRUDE OIL UPDATE OF 22 JULY 2016
Posted by Unknown 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.
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
YouTube | Google+ |
0 comments:
Post a Comment
Note: only a member of this blog may post a comment.