Thursday, July 18, 2013

EPIC AGRI COMMODITY UPDATE :CRUDE OIL


Crudeoil trading range for the day is 6215-6353.
Crude gains as support seen after a report from showed that oil supplies fell significantly more-than-expected last week.
Energy Information Administration said in its weekly report that U.S. crude oil inventories fell by 6.9 million barrels
U.S. crude inventories plunged 20 million barrels over the previous two weeks, the deepest two-week draw on record.

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