CRUDE OIL: - CONSOLIDATE STRATEGY BUY ON DIPS R2-5950 R1-5890 S1-5750 S2-5680
Crudeoil prices gains on worries that the intensifying Ukraine crisis may trigger more sanctions and as U.S. economic data portended strong demand.
Crude oil additional support after data showed consumer confidence rose in August to a seven-year high, although consumer spending dipped 0.1 percent.
Production from the Organization of the Petroleum Exporting Countries (OPEC) rose despite conflicts in Iraq and Libya.
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