EPIC AGRI COMMODITY UPDATE: CRUDE OIL

[epicresearch]

Crudeoil trading range for the day is 5768-5934.Crude oil gained on expectations that the strong demand for U.S. crude oil seen for recent weeks would continue.OPEC has lowered its oil output further and is pumping less than this year's global need for its crudeThe restart of Libya's El Sharara two weeks ago and a jump in exports from Iraq's southern terminals in the first two weeks of 2014