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EPIC RESEARCH MCX CRUDE OIL UPDATE OF 13 DECEMBER 2017

Crudeoil trading range for the day is 3621-3813. Crude Oil dropped as traders appeared to take profits on Monday’s rally amid reports offering clarity on the duration of the Forties pipeline shutdown. Saudi Arabia, will supply full contractual volumes of crude to a North Asian refiner in January, unchanged from the previous month. Drillers added two oil rigs in the week to Dec. 8, bringing the total count up to 751, the highest level since September, Baker Hughes energy services firm said.

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EPIC RESEARCH MCX CRUDE OIL UPDATE OF 13 DECEMBER 2017

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