MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-06-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 07-06-2017
MTECHTIPS Mcx Crudeoil trading range for the day is 3013-3137.Crude oil holds its gain as traders bet that US government data will show a ninth consecutive weekly decline in crude supplies.Support seen by heightened political tensions in the Middle East and by signs of a gradual drawdown of bloated fuel inventories in the US.EIA raised its production outlook for this year and next. For 2018, it sees average output of 10.01mbpd, up 0.4% from its previous forecast.
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