EPIC CRUDE TREND FOR TODAY 28-MAY-2013
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EPIC CRUDE TREND FOR TODAY 28-MAY-2013
Crude trading range for the day is 5181-5269.
Crude oil dropped on concern a weaker outlook for global economic growth will crimp demand for the commodity.
The next focus for traders is a meeting of OPEC on Friday, although output policy is expected to be unchanged.
Data last week also showed stockpiles of gasoline in the United States are close to the highest level for this time of year since 1999.
Crude is holding with a support at 5181 and resistance will be likely at 5269.
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[url=mcx tips]http://www.epicresearch.co/products/commodity-tips[/url]
Crude oil dropped on concern a weaker outlook for global economic growth will crimp demand for the commodity.
The next focus for traders is a meeting of OPEC on Friday, although output policy is expected to be unchanged.
Data last week also showed stockpiles of gasoline in the United States are close to the highest level for this time of year since 1999.
Crude is holding with a support at 5181 and resistance will be likely at 5269.
[url=mcx tips]http://www.epicmcxtips.blogspot.in[/url]
[url=mcx tips]http://www.epicresearch.co/products/commodity-tips[/url]
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