Crude and gasoline were dancing on a knife's edge last week, spending some of the week just above numbers, which if breached, would inspire some panic liquidation from speculators.WTI futures spent some time below $87/bbl, or about $1.00-$1.25/bbl above a number that might inspire a crisis of confidence. News about Nigerian production shutdowns and interruptions in Mexican output failed to inspire any financial buying and big dips in world equities didn't help.
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