Tuesday, 3 June 2014

CAPITAL STROKE UPDATE 4-June-2014 : MCX CRUDE OIL




CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6200 R1-6150 S1-6050 S2-5980
Crude oil gained ahead of weekly crude inventory data from EIA even as dollar weakened.
Crude inventories fell 1.4 million barrels in the week to May 30 to 382.5 million barrels, data from industry group the American Petroleum Institute showed.

U.S. supplies for the week ending May 30 is expected to show a decline of 2 million barrels in crude oil stocks.

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