EPIC RESEARCH MCX CRUDE OIL UPDATE OF 11 April 2017

Posted by aditi on 11:07:00 with No comments
Crudeoil trading range for the day is 3341-3471. Crudeoil prices climbed higher reaching it best closing level in over a month amid concerns about geopolitical tensions. Support also seen after the update that Libya's Sharara oilfield was shut after a group blocked a pipeline linking it to an oil terminal. Headlines of Chinese troop deployments to the North Korean border that spooked markets and once again spurred a geopolitical fear bid in bullion .




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