Oil steady below $39, down 60 percent in worst ever year * Gold, grains tick down on year-end profit-taking * Beaten-down commodities may recover early 2009 Commodities from oil to copper looked set to close out their worst year ever on a flat note on Wednesday, as investors looked to fiscal stimulus and an economic recovery to put a floor under their huge collapse. While the latest round of grim U.S. economic data pointed toward more demand destruction for raw materials, some analysts said the worst was already over for many markets which saw years of gains wiped out in months. "In the new year, President-elect Obama will be taking on his new position and many people will be expecting a number of changes to stimulate the U.S. economy," said Adrian Koh, analyst at Phillip Futures in Singapore.

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