EPIC AGRI COMMODITY UPDATE:CRUDE OIL

[epicresearch]

Crudeoil trading range for the day is 6386-6442.Crude oil prices gained on signs of rising Chinese demand and concerns about supply disruptions in the North Sea and the Middle East.The IEA said it expected Libya's oil output to show a drop of 600,000 bpd to 400,000 bpd in early August, its lowest since the 2011 conflict.International Energy Agency trimmed its global oil demand to growth forecast to 1.1 million barrels per day (mbd) in 2014The IEA