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Friday, December 4, 2009

CLOSING COMMENTARY FOR DEC 4 FRIDAY

Crudeoil prices trading highly volatile between 3500 - 3600

levels. Prices have huge movement and further trend will be

decided of closing of prices either side of 3540 - 3550 levels.

Prices looks weak on a close below 3540 levels. Any buying

above these levels could go up.

Wait for confirmation.

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