EPIC RESEARCH MCX CRUDE OIL UPDATE OF 05 SEPTEMBER 2017

Crude oil trading range for the day is 2991-3087.Crude oil gains as refinery activity slowly resumed on the Gulf Coast, although investors were still trying to assess the long term damage of Hurricane Harvey.OPEC members’ compliance with the agreement to reduce output has increased in recent months, Iran’s oil minister said.OPEC agreement of output cuts would continue until the end of the Iranian year in March 2018 and that “there are talks underway to extend it but they are not official yet.




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