EPIC AGRI COMMODITY UPDATE:CRUDE OIL

[epicresearch]

Crudeoil trading range for the day is 6073-6235.Crude oil gained but seen pressure on worries over the outlook for emerging economies and fallout over Fed’s decision to continue tapering its stimulus program.OPEC's oil output has risen in January from December's 2-1/2-year low, due to a partial recovery in Libyan supply, a survey found.Output from the OPEC averaged 29.94 million barrels per day (bpd), up from a revised 29.63 million bpd in December.