Wednesday 21 May 2014

CAPITAL STROKE COMMODITY UPDATE 21 MAY 2014: MCX CRUDE OIL



CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6100 R1-6050 S1-5950 S2-5900

Crude oil steadied as unrest and low output in Libya offset downward pressure from expectations of a weekly build in U.S. crude stocks.
Crude inventories fell by 10.3 million barrels in the week to 380.4 million, API said.


Today crude oil inventories: Exp: -0.1M Prev: 0.9M. Actual is at 8.00PM.
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