DOLLAR ADVISORY MCX CRUDE OIL UPDATE OF 23 Nov 2016

Crude oil trading range for the day is 3165-3405. Crude oil dropped amid fresh doubts over whether the OPEC will be able to reach an agreement to limit output. OPEC is trying by Nov. 30 to bring its 14 member states and non-OPEC producer Russia to agree on a coordinated production cut. The American Petroleum Institute said Tuesday that crude oil inventories fell 1.28 million barrels at the end of last week.

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Crudeoil trading range for the day is 3165-3405. Crude oil dropped amid fresh doubts over whether the OPEC will be able to reach an agreement to limit output. OPEC is trying by Nov. 30 to bring its 14 member states and non-OPEC producer Russia to agree on a coordinated production cut. The American Petroleum Institute said Tuesday that crude oil inventories fell 1.28 million barrels at the end of last week. - See more at: http://investmentguruindia.com/CommoditiesReports/Gold-trading-range-for-the-day-is-28977-29305---Kedia#sthash.COYKxmVl.dpuf