EPIC AGRI COMMODITY UPDATE:CRUDE OIL
Posted: Sun Jun 30, 2013 9:44 pm
Crudeoil trading range for the day is 5732-5816. Crude oil dropped as investors looked to U.S. economic data as a gauge of oil demand. Oil came under pressure from stronger dollar as investors resumed pricing in the possibility that the Fed will begin to pare back its bond-buying program Traders were also watching ongoing turmoil in Libya and other oil-producing regions, as well as a North Sea outage.