EIA publication of the previous week's numbers led to crude and product increases as the inventory draws for crude and gasoline were greater than expected. Though distillate saw a build in inventory it was significantly less than expected and New York harbor heating oil also jumped up. Early in the day news of the austerity measure passage by the Greek parliament caused the dollar to fall and consequently crude prices started to rise. The effect of the IEA release is now alsmost negligible.
Today, WTI+$1.88,$94.77; Brent+$3.62,$112.40; RBOB+12.01¢,$3.0097; HO+9.45¢,$2.9202.
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