EPIC RESEARCH MCX Crudeoil UPDATE OF 22 March 2019

Posted by Commodity Updates by Epic Research on 12:14:00 with No comments

Crudeoil trading range for the day is 4076-4198.

* Crude oil gained after U.S. government data showed tightening domestic oil supplies

* But gains were capped by concerns over global economic growth due to the ongoing U.S.-China trade war.

* The UAE’s energy minister said he expects OPEC to finalize the long-term cooperation charter with its non-OPEC partners in June.

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