Fundamental Oil Report (2009-11-24)

24 November 2009 @ 03:55 am EDT

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AnalysisCrude oil slipped for the fourth day ahead of the thanks given holiday in the U.S. and important U.S. data due later on today. Prices are continuing their fall due to concerns with regard economic recovery and as the U.S. dollar rebounded against major, reducing the appeal of the commodity as a hedge against inflation.

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