EPIC RESEARCH MCX CRUDE OIL UPDATE OF 30 OCTOBER 2017

Crudeoil trading range for the day is 3372-3578. Crude oil prices rose on support among the world's top producers for extending a deal to rein in output and as the dollar retreated from three-month peaks. The fog has cleared ahead of OPEC's next meeting, with Saudi Arabia and Russia clearly stating support to extend a global deal to cut oil supply for another nine months. Iran's crude and condensate exports are expected to hit a 19-month low this month due to issues.



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