PRECIOUS METAL:: Crude Oil WTI futures is trading at 53.80, above 0.98% from its previous close of 52.26. The black gold is consolidating on expectations that producer OPEC group is in favour of supply cut. However, OPEC meeting is due in late June or early July to decide output policy for the rest of the year. On hourly chart, the stock is consolidating and RSI is placed at 53.26. Based on the technical structure, we are expecting an upside movement in the counter in few trading sessions.