CAPITAL STROKE COMMODITY UPDATE 28 MAY 2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6280 R1-6200 S1-6080 S2-6000.Crude recovered from the losses as support seen on concerns that Libyan oil exports fell further and conflict in the Ukraine could raise the risk premium.Upbeat U.S. data cushioned losses by stoking expectations that demand will increase in the world's largest consumer of crude.This week's official data will publish on Thursday, due to Monday's holiday, though expectations that supply is large enough

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