EPIC RESEARCH MCX Crudeoil UPDATE OF 12 March 2019

Crudeoil trading range for the day is 3866-4036.

* Crude oil gained lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June.

* Saudi oil minister Khalid al-Falih told it would be too early to change OPEC+ output policy at the group’s meeting in April.

* The group will meet in Vienna on April 17-18, with another gathering scheduled for June 25-26, to discuss supply policy.

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