Sideways movements by crude and gasoline with North Korean succession considered the prime cause for the minimal price movements. However, the alternative rationale is that analysts are still trying to get their strategy straight concerning the Euro debt problem. The news late last week that six countries were facing a ratings downgrade still lingers heavily in the back of the mind. If Europe should have a problem, the rest of the world will be affected.
Today, WTI+35¢, $93.88; Brent+36¢, $103.60; RBOB+0.21¢, $2.4891; HO-2.01¢, $2.7804.
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