CLOSING COMMENTARY FOR NOV 16 MONDAY

CRUDOIL PRICES REBOUNDED SHARPLY AFTER TESTING ITS

STRONG SUP OF 3550 LEVELS. PRICES NOW TRADING ABOVE

THE RES OF 3630 LEVELS. A CLOSE ABOVE THIS COULD

HAVE MORE POSITIVENESS TILL 3700 LEVELS AGAIN.

STRONG SUP IS AT 3600 / 3580.