EPIC RESEARCH MCX CRUDE OIL UPDATE OF 17 JANUARY 2017
Posted by aditi on 12:32:00 with No comments
Crudeoil trading range for the day is 3532-3620. Crude oil prices remained under pressure amid a report forecasting U.S. output would again rise this year. OPEC Secretary-General Mohammed Barkindo forecast on Monday that stability would return to oil markets this year. OPEC, Russia and other non-members of the producer group will curtail oil output by nearly 1.8 million bpd, initially for six months.
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