EPIC AGRI COMMODITY UPDATE:CRUDE OIL

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epicresearch
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EPIC AGRI COMMODITY UPDATE:CRUDE OIL

Post by epicresearch » Mon Jun 24, 2013 9:49 pm

Crudeoil trading range for the day is 5513-5817.
Crude oil prices recovered before news of flooding in Canada´s main oil producing province threatened US exports.
A dimming outlook for oil demand growth in China, the world's second-largest economy, weighed on prices.
Earlier this month, the IEA lowered its 2013 oil demand growth forecast for China to 3.8 percent from 3.9 percent.

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