Crude rose for the first time in six sessions. The futures price still did not go above $80 and actually it is lower than even last Thursday's close. This price move is once again not about the fundamentals of the economy or supply and demand but about the movements of the stock market and the dollar. Monday's holiday will delay the release of inventory data until Thursday. Interesting to note that both products' increases were not close to crude's level.
Today's numbers: crude +$1.04 to $79, gasoline +1.57 cents to $2.0599, distillate +0.21 cents to $2.047.
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