EPIC AGRI COMMODITY UPDATE:CRUDE OIL

[epicresearch]

Crudeoil trading range for the day is 5891-6093.Crude oil dropped as rising supplies of crude oil in the United States drove the prices downConcerns over the U.S. economic outlook and the impact on future oil demand prospects also dampened sentimentsAny relaxation of the sanctions regime against OPEC member Iran would push down oil prices