EPIC RESEARCH MCX Crudeoil UPDATE OF 31 July 2018

Crudeoil trading range for the day is 4659-4925.

* Crude oil prices ended with gains as investor concerns over global crude supply supported sentiment.

* Saudi Arabia said it was temporarily halting all oil shipments through the Red Sea shipping lane of Bab al-Mandeb after an attack on two big oil tankers.

* U.S. energy companies added three oil rigs in the week to July 27, the first time in the past three weeks that drillers have increased activity.

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