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EPIC AGRI COMMODITY NEWS UPDATE:CRUDE OIL

Posted: Thu May 01, 2014 10:16 pm
by epicresearch
Crudeoil trading range for the day is 5932-6058.Crude oil dropped as lacklustre Chinese economic data, the prospect of a rise in Libyan oil supply and record-high U.S. inventories weighed on prices.EIA said in its weekly report that crude oil inventories rose by 3.52 million barrels last week to hit an all-time high of 399.4 million barrels