CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6120 R1-6060 S1-5940 S2-5850
Crude oil dropped as rising Libyan supplies and downbeat economic data sharpened concerns the global market was heading into a near-term glut.
Data from American Petroleum Institute showed that U.S. crude inventories fell by 4.8 million barrels in the week to July 11 to 375.3 million.
Today crude oil inventories: Exp: -2.1M Prev: -2.4M. ACtual is at 8.00PM
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