MTECHTIPS;- Crude oil to trade in 3280-3400: Achievers Equities

MTECHTIPS;- Crude oil to trade in 3280-3400: Achievers Equities

MTECHTIPS-Crude oil trading range for the day is 3280-3400. Crude oil prices pared gains after a surprise rise in inventories and uncertain prospects for President Trump’s proposed tax cuts and spending plans. EIA said in its weekly report that crude oil inventories rose by 1.566 mbls in the week ended March 31. Goldman Sachs expects oil prices to remain between US$50-55 per barrel between 2018- 2020. SELL CRUDE OIL APR 2017 @ 3325 SL 3375 TGT 3395-3240. MCX.

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