Crude went contrarian today by going up even when the dollar got stronger while equities dropped. Increased retail sales over the weekend and a colder-than-expected winter temperature prediction have all led to a positive attitude about the direction of the economy and petroleum demand.
Today, crude +$2.02, $85.78; gasoline +7.42¢, $2.2845; distillate +4.32¢, $2.3594.
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