A new month is upon us and there are some early signs that some things may be changing. Maybe the stock market won't go up forever? Yet for OPEC it is a new world with U.S. oil production eclipsing 8 million barrels per day.
Word that the Citgo Lamont Refinery was listing raised fear in the broader RBOB futures market that that refinery could be down for many months. Today is Fed day and I am talking about supply and demand and not about the Fed!