CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6550 R1-6480 S1-6320 S2-625
Crude oil prices gains as the United States said it could send military advisers to Iraq, raising concerns about the escalating conflict.
If the 300,000 barrels per day refinery stays closed, Baghdad will need to import more oil products to meet its own domestic consumption
Concerns the crisis will escalate and disrupt oil production sent prices higher, though Iraq's major oilfields still remain far south of the fighting
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