Prices for product and crude rose slightly but the significance is that they rose. There is news of the improving national and world economy that has been touted for months but there was no talk of the dollar's movement. Manufacturing activity is on the uptick. Demand for product remains weak and inventories continue to rise to levels not seen in four or five years. This causes analysts to be cautious because the fundamentals remain the same: lower demand than last year.
Market is closed today because of Good Friday. It should make Monday's trading activities fairly interesting.
Today, crude +$0.49, $84.90, gasoline +0.29 cents, $2.324, distillate +2.15, $2.1955.
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