The oil market showed some weakness, yesterday, more on the WTI side. Last night, the API reported that overall crude oil inventories rose, while refiners reduced output further, as seasonal maintenance kicks in. The renewed cold weather and return of the polar vortex continues to support heating fuel prices and the complex in general. This morning prices are on the rebound, as the cold weather grip tightens into the weekend.
Energy Overview — TotalView™ of the Energy Markets