CRUDE OIL:- CONSOLIDATE STRATEGY BUY ON DIPS R2-5820 R1-5750 S1-5600 S2-5550
Crudeoil dropped on demand growth concerns, ahead of the weekly official oil report from the US EIA, with easing geopolitical tensions in Ukraine, Iraq and Libya.
Oil prices continued to be weighed down on reports that global demand for oil is likely to decline.
Today crude oil inventories: Exp: -1.3M Prev: 1.4M. Actual is at 8.00PM.
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