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Markets backed off slightly today across the board. At the close, we saw front month ULSD settle up .0012 to 1.4369 (1.4416 +.0006 for Feb), RBOB dropped .0089 to 1.3077 (-.0087 to 1.3137 for Feb) and WTI closed out at 46.57
WTI was in the red today ahead of the EIA inventory report.
Crude closed out today at over $50 ($50.44 to be exact) which is the highest close we've seen since June. ULSD closed up .0135 to $1.5958 and RBOB ended up .0050 at $1.4978.
Crude closed out at $51.23 this afternoon, the highest it’s been since July 2015, up from yesterday and holding firm over the $50 benchmark.