EPIC RESEARCH MCX Crudeoil UPDATE OF 11 September 2018

Posted by Commodity Updates by Epic Research on 11:48:00 with No comments
Crudeoil trading range for the day is 4851-5003.

* Crude oil prices settled lower amid investor concerns that a tropical storm could dent crude demand.

* But losses were limited by ongoing expectations for a fall in Iranian crude exports amid looming U.S. sanctions.

* Iran Sanctions Are Fueling OPEC Tensions Expect fireworks at the producer group’s meeting this month.


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