EPIC RESEARCH MCX CRUDE OIL UPDATE OF 19 AUGUST 2016

Posted by Anmol Shah on 11:44:00 with No comments

Crudeoil trading range for the day is 3079-3299. Crude oil prices gained as the world's biggest producers prepared to discuss a possible freeze in output levels. The OPEC and other key exporters will probably revive talks on freezing output levels when they meet in Algeria next month. Saudi Arabia has signaled that it could boost its crude oil supplies in August to a new record, even as it prepares to discuss output levels with other producers. 
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