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MTECHTIPS:-Crude oil to trade in 2898-3178 range: Achievers Equities

Wednesday, November 16, 2016 5:56

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MTECHTIPS:-Crude oil to trade in 2898-3178 range: Achievers Equities

MTECHTIPS- Crude oil trading range for the day is 2898-3178. Crude oil jumped on expectations that OPEC will agree later this month to cut production to reduce a supply glut. Oil producers in the Organization of the Petroleum Exporting Countries are due to meet later this month to agree to limit output. Saudi Arabia’s energy minister has said it is imperative OPEC reach a consensus on a deal to curb production, sources said. BUY CRUDE OIL NOV @ 3060 SL BELOW 3018 TGT 3098-3136. MCX.

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