CRUDE OIL SEP UPDATES

Advisory Data......
Crude oil futures tumbled bleow $95 a barrel in Asia electronic traders today further pressured by rise in the stockpiles last week.
 U.S. crude oil inventories rose 3.78 million barrels in the week to Aug. 24, the Energy Information Administration said on Wednesday, against expectations of a 1.5 million-barrel fall.
 Investors stayed on the sidelines, waiting for a speech by the U.S. Federal Reserve Chairman Ben Bernanke on Friday for signs of further economic stimulus. They are also eyeing more details from the European Central Bank on proposed bond purchases aimed at tackling the region's debt crisis.
On the data front today, Japan's retail activity turned negative in July, falling 0.8% from a year earlier for the first drop since November, data showed Thursday. Sales for the large retailers plunged 4.4%, accelerating a recent downward trend. Yetsreday, Brazil's central bank cut the country's benchmark interest rate by a half-percentage point to 7.5%, a record low. The government will release figures for second-quarter economic activity on Friday.
MCX september crude futures may open today's session near Rs 5300 with support near Rs 5280 and Rs 5250 levels.

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