MTECHTIPS;-Crude oil to trade in 3321-3487 range: Achievers Equities

MTECHTIPS;-Crude oil to trade in 3321-3487 range: Achievers Equities

MTECHTIPS- Crude oil trading range for the day is 3321-3487. Crude oil gained on growing optimism that non-OPEC producers might agree to cut output following a cartel agreement to limit production. Crude oil inventories in US dropped 2.4 million barrels, compared with expectations for a draw of 1 million barrels. Stocks at the Cushing, Oklahoma, increased by a hefty 3.8 million barrels last week, the most since 2009, according to data. BUY CRUDE OIL DEC @ 3420 SL 3370 TGT 3456-3490. MCX.

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