CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6250 R1-6170 S1-6050 S2-6000
Crude oil dropped as traders took profit at the end of the month, however downside seen limited underpinned by supply worries.
Oil supply from Libya, a source of high quality, remained near a tenth of capacity with protests and violence disrupting output.
Crude was partly under pressure from news of an overall rise in U.S. crude stocks, though other inventory figures were supportive.
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