Thursday, April 22, 2010

April 22, 2010

Crude barely dropped even though there was good news from the housing market while the dollar rose against the euro because of problems with Greece's deficit financing. The market is still in contango and there's more talk of storing crude to wait for better prices in the future.

Today, crude -$0.02, $83.74, gasoline +1.04 cents, $2.2975, distillate +1.04 cents, @.2186.

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