WTI reversed course after three days of increases and fell 1.1% in yesterday's trading. Bad economic news came in two forms: the first time claims for unemployment was up by 10,000 job seekers; and, GDP growth was an anemic 1.8%, even less than the non-stellar 2.2% rate that the Commerce Department had forecast. The dollar's fall only cushioned crude's fall from an even lower settlement.
Yesterday, WTI-$1.09, $100.23; Brent+12¢, $115.05; RBOB+3.21¢, $3.0483; HO+0.26¢, $2.9829.
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