EPIC RESEARCH MCX CARDAMOM UPDATE OF 15 June 2018

Crudeoil trading range for the day is 4462-4568.

Crude oil gained as traders mulled comments from Saudi's oil minister ahead of the Organization of the Petroleum Exporting Countries meeting next week.

U.S. crude output has risen by almost 30 percent in the last two years, and it is now close to top global producer Russia.

U.S. consumption of gasoline in the United States rose to an historic high of 9.88 million bpd last week, according to the EIA.

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