Eia recap and market update

Weekly Oil numbers bearish product,s bullish crude. the latter was a surprise as the lead in from the API numbers   had markets leaning bearish.Crude Oil production increased  by .14 % and Exports Increased as well.Demand was lower for both gasoline and Distillates and this will offset some of the bullishness of the crude oil number.Regardless oil has a nice move higher  but  upmove should be tempered by weaker products.Move higher in oil providing a bid to Spoos  XLE +1%

What was thought of as a done deal, Government avoiding a shutdown may not be such a layup.Talk that Obamacare payments may not be made under new Budget deal which will  anger Dems.Saga continues.

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