EPIC AGRI COMMODITY UPDATE: CRUDE OIL
Posted: Wed Dec 18, 2013 12:55 am
Crudeoil trading range for the day is 5956-6080.Crude oil slipped ahead of a U.S. Federal Reserve meeting in which the central bank may decide to scale back its stimulus programme.Prices got some support on news that Libya had not reopened several oil-exporting ports. Today crude oil inventories: EXP: -2.4M PREV: -10.6M. Actual is at 9.00PMRussia will cut oil exports to Europe in the first quarter while boosting oil supplies to China including pumping oil via Kazakhstan.