CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6200 R1-6120 S1-6000 S2-5930
Crude oil slipped as worries about risks to supply caused by violence in Ukraine eased on hopes that talks could resolve the situation.Oil was also pressured as the dollar gained after the ECB cut interest rates to record lows and imposed negative rates on its overnight deposits.
Worries about the demand outlook for China, the world's biggest energy consumer, also kept prices in check.
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