Equity Tips:- Crude Oil Trading Range For The Day Is 4315-4571

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Crude oil trading range for the day is 4315-4571.

 

Crude oil prices rose as traders cheered data showing an unexpected fall in crude stockpiles, while a draw in product inventories also supported sentiment.

 

Crude inventories fell 1.1 million barrels in the week to April 13, the Energy Information Administration said.

 

In the United States, crude inventories fell by 1 million barrels last week, to 428 million barrels, according to a weekly report by the American Petroleum Institute.

 

OPEC production is currently lower than expected as a result of large declines in Venezuelan output caused by a deterioration in the economic situation there.

 

Get Daily Commodity Tips So Give A Missed Call @ 9039001060 And Like This Page >> Investment Visor.

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