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The continuous falling of crude price due to global setbacks as well as dumping and more production and the influence of rising dollar against global currencies have made this as a global worry for the past six months.
Now it has been expected the movemis monthent of oil price will be on a tight rage between 32USD to 35 USD and 35USD to 38USD.This range bound movement will continue for the rest of the month.
The OMC stocks will be kept in a high speculative mode in the Jan month series in F&O.
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