Crude oil trading range for the day is 2869-3033.
Crude oil prices rebounded from the day's low shaking off downbeat forecast from energy watchdog
IEA said the oil market could stay oversupplied for longer than expected due to rising production and limited output cuts by some OPEC exporters.
Support seen after the evidence of stronger demand in China balanced reports of higher production by OPEC exporters in a downbeat report by IEA.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Crude oil prices rebounded from the day's low shaking off downbeat forecast from energy watchdog
IEA said the oil market could stay oversupplied for longer than expected due to rising production and limited output cuts by some OPEC exporters.
Support seen after the evidence of stronger demand in China balanced reports of higher production by OPEC exporters in a downbeat report by IEA.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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