EIA

 

Weekly stats  below. bearish Crude,bullish RBOB and in line heating oil.eiaaaaa

Weekly Demand  for gasoline and Distillates higher then prior weeks.Weekly Supply of all products and oil was bearish. Oil  traded lower initially and then found itself a bid as gasoline rallied .Sell the rumor but the news maybe as oil prices try to trade into positive territory

watching  Dollar here as the 10:00 monthly fix will be shortly upon us as she trades down to session lows.treasury yields on the rise   and Stocks starting to tumble.Similar situation to the last few  days were bonds and stocks move in unison Spx giving back all of the days gains .Boeing still up 5%  so dow in no threat to trade into red.

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