EPIC AGRI COMMODITY UPDATE:CRUDE OIL

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epicresearch
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EPIC AGRI COMMODITY UPDATE:CRUDE OIL

Post by epicresearch » Mon Aug 05, 2013 1:56 am

Crudeoil trading range for the day is 6490-6580.Crude oil fell as U.S. jobs data came in below expectations, tempering economic optimism.Libya's oil exports continued to flow at less than half normal rates as strikes and protests shut major oil terminals in the North African.OPEC output averaged 30.25 million barrels per day (bpd), down from 30.38 million bpd in June.Seaborne oil exports from the producer group, excluding Angola and Ecuador, will fall by 490,000 bpd in the four weeks to Aug. 17

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