CrudeOil Highlights from 05 Jun,2015 - 18 Jun,2015
Crude oil prices increased marginally during 2nd week of June due to went up Crude oil production rate by Saudi Arabia. Crude oil prices went up marginally during last fortnight due to decline in US gasoline inventories. Insider information stated that the Crude oil imports to China witnessed a decline in May 2015. A sustained strength in demand for oil from China has been a bullish factor for Crude oil prices. However, any further softening of demand from China is likely to push prices lower.