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Crude Oil was lower due to profit taking on Thursday after falling short of testing weekly resistance crossing in early trading. The low-range close sets the stage for a steady to lower opening with Friday's trading session begins. However, uncertainty over the turmoil in Libya and throughout parts of the Middle East will continue to keep volatility high near-term. Stochastics and the RSI remain bullish signalling that sideways to higher prices are possible near-term.