EPIC AGRI COMMODITY 17-dec-2013 UPDATE:CRUDE OIL

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epicresearch
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EPIC AGRI COMMODITY 17-dec-2013 UPDATE:CRUDE OIL

Post by epicresearch » Mon Dec 16, 2013 10:16 pm

Crudeoil trading range for the day is 5947-6075.Crude oil recovered losses boosted by expectations for rising demand from positive European economic data, while supplies from Libya remained sharply curtailed.The closure of key Libyan oil ports is preventing the export of several hundred thousand bpd of high quality, light crudeChina's November crude oil output inched up 0.36 percent from a year ago to 17.27 million tones

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