Friday 19 September 2014

CAPITAL STROKE UPDATE 19-September-2014 : MCX CRUDE OIL



CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5800 R1-5720 S1-5600 S2-5540

Crude oil fell pressured by ample supply, concerns about demand growth and a stronger U.S. dollar.

A setback in Libya's output, which has fallen by about 200,000 barrels per day, has put threats to supply higher on investors' list of concerns

Investors are eyeing Thursday's referendum on independence in Scotland where most of Britain's North Sea oil reserves are located.

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