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Friday, November 25, 2005

Brent Crude Oil Futures Have Taken A Breather

After a three-month decline, Brent Crude Oil futures have taken a breather, with prices caught in a narrow two-dollar range. Traders expect the market to test the lower-end of the range, as follow-through from Wednesday's bearish U.S. Department of Energy's report showing that increasing U.S. distillate stocks, which include heating oil and diesel, should be sufficient to make it through the winter season. Read More....