Oil prices were flat for the day after rising earlier in the session. In early trade, both crude benchmarks rose by over $1 a barrel after the International Energy Agency (IEA) boosted its demand growth forecasts and the U.S. dollar fell on data showing inflation was slowing in the world’s biggest economy. Uncertainty over tomorrow’s release of EIA gave pause to todays rally as the market is unsure what this report will show. Tomorrow they will release their first report in two weeks. WTI was flat on the day at $78.26. traded Brent traded down $.05 to close at $82.47.

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mars
  • Where: La Quinta Resort & Club, La Quinta, California
  • Attending: Curtis Chandler (239.405.3365)
  • Conference Website
opis
  • Where: Charlotte Harbor, Florida
  • Attending: David Cohen (954-729-4774), Brian Baker (239)297-4519
  • Conference Website
opis
  • Where: Hyatt Regency Dallas, Dallas, Texas
  • Attending: Curtis Chandler (239.405.3365), David Cohen (954-729-4774), Brian Baker (239)297-4519
  • Conference Website