WTI for July delivery rose $1.66 per barrel to settle at $71.78 per barrel. Brent for August settlement rose 94 cents per barrel to $76.61 per barrel. Adding to this confusion are mixed signals from the physical market. Refinery outages in the U.S. and Europe are threatening to further increase crude inventories at key hubs, including Cushing, Okla., where stockpiles already are at the highest in two years. Stay tuned to PFL – we will see what happens next week. If you don’t read PFL’s Monday Rail Report you should – we are going to look at global LNG demand and cuts and secret Iran selling to the Chinese. Happy Father’s day to all the dads out there!