Weekely Chart as on MondayOil fell from a three-month high after U.S. inventories posted a larger-than-expected gain and Japanese refiners processed less crude. U.S. oil stockpiles increased 4.66 million barrels to 349.9 million barrels last week, the most in almost two years, the Washington-based American Petroleum Institute said in a report after the close of trading yesterday. Japanese refiners operated plants at 78.4 percent of capacity last week, down 3.8 percentage points from the week before, according to data released today by the Petroleum Association of Japan.
Trading Call : Crude Oil April Sell @ 2550 Targeting @ 2510 - 2470 - 2425 Stop @ 2575
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