Tuesday 22 April 2014

CAPITAL STROKE COMMODITY UPDATE 22 APRIL 2014 : MCX CRUDE OIL




Crudeoil trading range for the day is 6213-6359.
Crude oil gained supported by ongoing concerns the Ukraine crisis will escalate and disrupt Russian oil exports.
Despite a notable surge in U.S. crude stockpiles, oil prices were up thanks to some upbeat U.S. economic data and Fed Yellen's statement on the economy.

China's March crude imports from Iran up 36.1 pct y/y.

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1 comments :

  1. Brent crude traded near a seven-week high amid speculation that escalating tension between the U.S. and Russia over Ukraine may disrupt energy supplies to Europe. West Texas Intermediate in New York was steady.
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