Wednesday 18 June 2014

CAPITAL STROKE UPDATE 18-June-2014 : MCX CRUDE OIL






CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6550 R1-6480 S1-6350 S2-6280
Crude oil dropped pressured by signs of a thaw in relations between Iran and the West.
The IEA expects world oil demand in 2014 to average 92.76 million bpd, 960,000 bpd more than expected in May 2013

Today crude oil inventories: Exp: -0.6M Prev: -2.6M. Actual is at 8.00PM

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