OCT 24 FRIDAY
SHORT TERM TREND : SIDEWAYS
LONG TERM TREND : BEARISH
S1 R S 3430 , S2 RS 3370
R1 RS 3540 , R2 RS 3595
WAIT FOR CONFIRMATION.
Oil Pares Gains on Concern Demand to Fall on
Slowing Economy .
Crude oil pared gains on concern demand will fall
as global economic growth slows.
Oil for December delivery was at $67.64 a barrel, down 20 cents,
on the New York Mercantile Exchange at 12 p.m. Singapore
time. It earlier rose as much as $1.66, or 2.5 percent, to
69.50 a barrel. Prices are down 22 percent from a year
ago and 5.9 percent this week.
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