Friday, 30 May 2014

CAPITAL STROKE COMMODITY UPDATE 30 MAY 2014:: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6280 R1-6200 S1-6080 S2-6000 
.Crude oil recovered from the day's low after EIA reports shows gasoline stocks fell last weekThe U.S. Energy Information Administration reported that crude oil inventories rose by 1.657 million barrels last weekThe brighter demand outlook is supporting prices, already at elevated levels due to supply disruption concerns from Libya.
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