Tuesday 15 July 2014

CAPITAL STROKE UPDATE 15-July-2014 : MCX CRUDE OIL



Crudeoil trading range for the day is 6002-6096.
Crude oil dropped on signs of improving supply from key producers and weak demand in some consuming centres.
Libya's oil output has continued to rise and has now reached 470,000 barrels per day (bpd).
Worries over potential supply disruptions in the Middle East continued to subside.

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