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ENERGY UPDATES FOR THE WEEK

2016-10-03

As OPEC and Non OPEC countries are trying to stabilizing the crude market by trying to make a mutual agreement on production cut .Earlier last month meeting has shown some hope that members are getting agree on the deal but still the deal open and probably next meeting will give more clear vision of future crude oil market.So we expect till then BULL will dominate the market and we suggest BUY ON DIP. The next meeting for production cut will be in Nov'16..

Last : 46.79

W Range: 45.39 - 51.98

Fundamentals: 5-10-2016
8:00 PM USD Crude Oil Inventories***

For More detailed information kindly contact us..




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