TODAY 17-02-2014 EPIC AGRI COMMODITY MARKET :CRUDE OIL

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epicresearch
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TODAY 17-02-2014 EPIC AGRI COMMODITY MARKET :CRUDE OIL

Post by epicresearch » Sun Feb 16, 2014 11:32 pm

Crudeoil trading range for the day is 6111-6287.Crudeoil settled down pressured by weak manufacturing data attributed to the cold winter weather.Downside was limited boosted by demand for heating oil ahead of more winter cold and snow in the U.S. Northeast as well as supply disruptions.Oil output is down by 100,000 barrels since Tuesday because protesters again shut oil pipelines in the country's western region

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