TODAY EPIC AGRI COMMODITY UPDATE: CRUDE OIL

[epicresearch]

Crudeoil trading range for the day is 5779-5855.Crude oil dropped weighed by data showing China's oil demand growth slowed further in 2013.China's oil consumption in 2013 experienced the slowest rise in five years, data showed, because of easing economic growth.Top oil exporter Saudi Arabia welcomes the surge in U.S. shale oil production for its stabilizing effect on crude prices,