EPIC AGRI COMMODITY UPDATE:CRUDE OIL

[epicresearch]

Crudeoil trading range for the day is 5822-5992.Crude oil gained after U.S. oil inventories increased by less than expected last week, although optimism about nuclear talks with Iran kept prices in check.The U.S. Energy Information Administration said in its weekly report that U.S. crude oil inventories rose by 375,000 barrelsGains in U.S. stockpiles, in part due to increasing production of shale oil, had put pressure on crude prices this year.