With Christmas over those on Wall Street need something to get their week jumped started before the New Year.
Israeli air strikes in the Gaza strip have helped replace concerns about flagging demand with fears about a potential supply disruption. Bolstered by U.S. dollar weakness and heightened tensions in the Middle East, the NYMEX futures complex kicked off today’s session with across-the-board gains.
It’s early in the day so fuel prices could easily come down as they have gone up earlier today. We will see how the rest of the trading day goes to see if we will lower fuel costs.
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