CAPITAL STROKE COMMODITY UPDATE 2 JULY 2014 :: MCX CRUDE OIL

CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6420 R1-6360 S1-6240 S2-6180 . Crude oil dropped on easing concerns of supply disruptions due to the conflicts in Iraq and Ukraine. Oil exports have not been disrupted so far, the geopolitical uncertainty is likely to keep supporting prices in the short term Today crude oil inventories: Exp: -2.2M Prev: 1.7M. Actual is at 8.00PM.

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