Thursday 3 October 2013

Fundamental Outlook of Crude Oil

Crude oil dropped on Wednesday as a budget impasse continued to keep parts of the U.S. government shut down.


Crude oil is trading lower on NYMEX today. We expect prices to trade lower for the day on worries a prolonged U.S. government shutdown would hurt demand in the world's biggest oil consumer.


www.marketmagnify.com

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