Oil prices were higher today after falling for three straight sessions as the dollar weakened and Chinas central bank pledged to keep liquidity ample. China also made a rare draw into crude inventories dipping into storage for the first time in 33 months. In the states, US gasoline inventories are at their lowest level in more than two months and demand is at the highest level since December. Oil looks like it will find a home around the $80 level as too many risks to the macroeconomic outlook remain on the table, said OANDA analyst Edward Moya. WTI traded up $1.01 or 1.3% to close at $80.93. Brent traded up $.67 or .8% to close at $84.12.

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  • Where: Renaissance Schaumburg Convention Center Hotel
  • Attending: Curtis Chandler (239.405.3365), David Cohen (954-729-4774), Brian Baker (239)297-4519
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  • Where: La Quinta Resort & Club, La Quinta, California
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  • Where: Charlotte Harbor, Florida
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