EPIC RESEARCH MCX CRUDE OIL UPDATE OF 10 OCTOBER 2017

Posted by aditi on 12:30:00 with No comments
Crudeoil trading range for the day is 3203-3287. Crude oil gained on expectations that Saudi Arabia would continue to restrain its output in order to support prices. OPEC and other oil producers may need to take “some extraordinary measures” next year to rebalance the oil market, the OPEC secretary-general said. Oil ports, producers and refiners in Louisiana, Mississippi and Alabama, which shut facilities ahead of Hurricane Nate, were planning to reopen as the storm moved inland.









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