EPIC RESEARCH MCX Crudeoil UPDATE OF 8 April 2019

Crudeoil trading range for the day is 4251-4435.

* Crude oil prices gained as global supplies strained and positive U.S. economic indicators bolstered the demand outlook.

* The United States and China, be close to a deal to end their trade dispute though some hurdles remain.

* OPEC and producer allies such as Russia, together known as OPEC+, agreed to cut output by 1.2 million barrels per day (bpd) this year.


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