Crude Oil Higher;Products Mixed

09 Mar in Blog, commodity trading, crude oil, futures broker, heating oil, unleaded gasoline

The energy sector is mixed in early trade today with crude oil higher by $1.25 currently trading around 107.85 in the April contract while heating oil is slightly lower by 50 points to trade around 3.2650 a gallon. Unleaded gasoline is higher by 150 points trading at 3.3260 a gallon and hovering around contract highs once again. The U.S dollar is soaring this morning making a 3 week high climbing 90 points which makes the day in oil even more impressive, traders are very nervous about Iran and a possible air strike.

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