Friday, 11 July 2014

CAPITAL STROKE UPDATE 11-July-2014 : MCX CRUDE OIL



CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6300 R1-6230 S1-6100 S2-6050
Crudeoil settled up on demand from bargain hunters who felt prices had fallen too far on global supply expectations
OPEC expects its share of the world oil market to shrink in 2015 for a third year running, due in part to the U.S. shale oil boom.
Making its first 2015 forecast in a monthly report, the OPEC said demand for its oil next year would average 29.37 million barrels per day.

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