EPIC RESEARCH MCX CRUDE OIL UPDATE OF 12 SEPTEMBER 2017

Crude Oil trading range for the day is 2978-3136.Crude oil gains after Saudi Arabia said its oil minister held talks with counterparts over the possibility of extending the supply-cut agreement beyond March 2018.Losses were capped by talks between Saudi Arabia’s oil minister and counterparts over a possible extension to a pact to cut global oil supplies beyond next March.Hurricane Irma knocked out power to nearly four million Florida homes and businesses on Sunday after millions were told to evacuate ahead of the storm.

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