EPIC RESEARCH MCX CRUDE OIL UPDATE OF 22 SEPTEMBER 2017

Crudeoil trading range for the day is 3230-3344. Crude oil traded in the range as investors continued to weigh data showing a sharp rise in US crude production.Members of the OPEC and other major producers will meet Friday in Vienna to discuss the market impact of the production-cut agreement. U.S. oil production has largely recovered from the shutdowns following Hurricane Harvey, currently standing at 9.51 million bpd.




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