Monday, April 12, 2010

April 12, 2010

Crude fell for the 4th consecutive session with the high levels of inventory and continuing decreased demand on analysts' and traders' minds. Today's fall of the dollar would normally signal an opportunity to buy but fundamentals of supply and demand were more top of the mind.

Today, crude -$0.33, $84.44, gasoline +1.49 cents, $2,3005, distillate, +0.19 cents, $2.2224. Street at $2.649.

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