JAN 8 THURSDAY
SHORT TERM TREND : BEARISH
LONG TERM TREND : BEARISH
S1 RS 282 , S2 RS 279 , S3 RS 276
R1 RS 288 , R2 RS 291 , R3 RS 294
STAY SHORT AT RESISTENCE.
Gasoline inventories rose 3.33 million barrels to 211.4
million barrels, the department said. Supplies were
forecast to increase by 1 million barrels. Distillate
supplies, which include heating oil and diesel, climbed
1.79 million barrels to 137.8 million barrels. A gain of
1.1 million barrels was forecast.
Refineries operated at 84.6 percent of capacity last week,
up 2.1 percentage points from the week before, the report
showed. Analysts forecast that there would be no change
in utilization.
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