Equities fell and the dollar rose and these two factors and continuing worry about the Europe's economy led to small increases in crude and products. It is interesting that Brent and both products have experienced large increases this month whereas at month's end WTI was pretty much where it was a month ago at the end December 2011 when looking at month end January 2012:
Commodity January 31 January 30 Δ December 30 Δ
WTI $98.48 $98.78 -30¢ $98.83 -35¢
Brent $111.00 $110.75 +25¢ $107.35 +$3.65
RBOB $2.8874 $2.8707 +1.67¢ $2.6863 +1.67¢
Distillate $3.0628 $3.0518 +1.10¢ $2.9350 +12.78
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