Crude trading range for the day is 5054-5088.
Crude oil dropped as weak economic data from US sounded a note of caution on growth prospects in the world's largest oil consumer.
Oil has been supported by a tightening of global inventories over the past two months, according to reports from EIA
U.S. gross domestic product rose at a 2.5% annual rate in the first quarter of 2013, the Commerce Department said
No comments:
Post a Comment
Note: only a member of this blog may post a comment.