CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-6150 R1-6080 S1-5950 S2-5880
Crude gains as renewed worries over potential disruption to supplies from continuing unrest in Libya and Iraq helped oil bounce off lows.
Libya's oil output is around 450,000 barrels per day, down from 500,000 bpd a week ago.In Iraq, July oil exports increased to an average of 2.44 million bpd, up from 2.42 million bpd in the previous month.
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