"The crude price to remain range bound at USD 55-65 per barrel, driven by a rise in supply from the US, which would be offset, to some extent, by the recent production cut announced by the Organisation of the Petroleum Exporting Countries (OPEC), the continued debt crisis in Venezuela and the limited clarity on the sanctions imposed on Iran," the ratings agency India Ratings said on Monday.from Moneycontrol Commodity News http://bit.ly/2WseomX
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