Sunday 13 July 2014

CAPITAL STROKE UPDATE 14-July-2014 : MCX CRUDE OIL



CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6220 R1-6150 S1-6000 S2-5930

Crude oil prices dropped as worries about supply losses in the Middle East and North Africa eased.

Oil has weakened over the last month but the market remains nervous about further supply shocks.

The International Energy Agency said that oil output remained at risk in several key producing regions.

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