EPIC AGRI COMMODITY UPDATE: CRUDE OIL

Everything related to STOCKS & COMMODITIES Magazine
Post Reply
epicresearch
Posts: 936
Joined: Tue May 22, 2012 1:40 am

EPIC AGRI COMMODITY UPDATE: CRUDE OIL

Post by epicresearch » Wed Dec 18, 2013 11:57 pm

Crudeoil trading range for the day is 6025-6181.Crude oil prices rose buoyed by news that U.S. supplies fell more than expected last week.The U.S. Energy Information Administration reported in its weekly report earlier that U.S. crude oil inventories fell by 2.9 million barrelsOPEC crude oil supply is forecast to expand at its fastest pace for 30-years in 2014 and that this will have significant implications for OPEC’s leverage over oil markets.

Post Reply

Who is online

Users browsing this forum: No registered users and 2 guests