EPIC RESEARCH MCX CRUDEOIL UPDATE OF 20 July 2018

Crudeoil trading range for the day is 4538-4844.

* Crude oil gained on comments that Saudi Arabia's exports would fall in August renewed expectations for a global shortage in crude supplies.

* The Energy Information Administration (EIA) showed an unexpected build in U.S. crude stockpiles amid a surge in imports.

* Inventories of U.S. crude rose by 5.836 million barrels for the week ended July 13, comparing to expectations for a draw of 3.622 million barrels.

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