CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6320 R1-6250 S1-6100 S2-6030
Crude oil gained as strong Chinese and U.S. data pointed to healthy economic growth and higher demand for oil from the world's top two consumers.
The positive data boosted an oil market already bolstered by the loss of crude exports from Libya, where violence and civil turmoil have cut oil output.
OPEC meets in Vienna this week and is likely to keep an output target of 30 million bpd.
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