Sunday 21 September 2014

CAPITAL STROKE UPDATE 22-September-2014 : MCX CRUDE OIL



CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5760 R1-5680 S1-5550 S2-5480
Crude oil dropped as the strength of the U.S. dollar continued to weigh, while markets recovered mixed U.S. economic reports.

Oil still found some support as OPEC's secretary-general said the group may decide to reduce production for 2015 at a meeting in November

Libya's oil production has also been hit by conflict, curbing a sharp increase in output in recent months.

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