MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 14-06-2017

MTECHTIPS MCX CRUDEOIL INTRADAY trading tips 14-06-2017
MTECHTIPS Mcx Crudeoil trading range for the day is 2915-3031.Crude oil prices fell after data showed a build in U.S. crude stocks and OPEC reported a rise in its production despite its pledge to cut back.Data from the American Petroleum Institute showed that U.S. crude stocks rose by 2.8 million barrels in the week to June 9 to 511.4 million.Saudi Arabia, is leading an effort by the Organization of the OPEC to cut production by almost 1.8 mbpd until the end of the first quarter of 2018.
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