EPIC RESEARCH MCX CRUDE OIL UPDATE OF 2 DECEMBER 2016

Posted by aditi on 10:36:00 with No comments
Crudeoil trading range for the day is 3296-3658. Crude oil gained as prices were boosted after the Organization of the Petroleum Exporting Countries reached an agreement to cut production. Saudi Arabia undertook the largest cut, slashing output by 486,000 bpd and dropping its demand that Iran cut its output Non-OPEC Russia will also join output reductions for the first time in 15 years.

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