Equity Tips:- Crude Oil Trading Range For The Day Is 4451-4561

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Crude oil trading range for the day is 4451-4561.

 

Crude oil prices settled higher despite data showing a build in crude oil and gasoline supplies for the second-straight week.

 

The U.S. EIA showing U.S. crude inventories jumped by 6.2 million barrels to 435.96 million barrels in the week to April 27, marking a 2018 high.

 

U.S. oil production also hit a fresh record of 10.62 million barrels per day (bpd), a jump of more than a quarter since mid-2016.

 

OPEC continues to over-deliver on its production cuts, with output falling further last month as the group nears its goal of rebalancing the oil market.

 

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Comments

  1. Rudra Investment4 May 2018 at 14:56

    Free Commodity Tips provides best technical and derivative reports for get back huge profit in the commodity market with the minimum investment and get back maximum profit.

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