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Tuesday, September 12, 2006

Crude Oil Futures Update

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Crude Oil still trading below $66.30 resistance, but under the broad metal sell –off yesterday Oil was quiet resilient and could have found a short term base around $64.50/65.

It could be Buying Chance either close to $65 area or on a significant break above $66.30 bear channel for a test of $67.50/70

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