EPIC RESEARCH MCX CRUDE OIL UPDATE OF 06 MARCH 2017

Crudeoil trading range for the day is 3501-3595. Crude oil gained as a weaker dollar encouraged buying but investors remained cautious while the as number of U.S. oil rigs rose for the seventh straight week. Russian Energy Minister Alexander Novak said it was too early to say if the deal to reduce oil production would be extended beyond the end of June. Russia's February oil output was unchanged from January at 11.11 million barrels per day (bpd), energy ministry data showed.

For MCX TIPS ✆ – 0731-6642300

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+