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Crude oil continued to slide and ended down $2 at below $34 a barrel on Thursday. It is currently trading at USD 34.4 a barrel. I think it is good chance to invest in Crude Oil in downtrend it can go to 30$, but if bounced back it can cross 42$ easily.

Tags: comodity, crude, crude oil, oil

This entry was posted on Friday, February 13th, 2009 at 6:56 am and is filed under business, economy, finance, market, sensex. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.