NYMEX February heating oil HOG9 was down 3

February Brent LCOG9 crude dropped $2.34, or 4.63percent, to $48.19 a barrel, trading from $47.45 to $51.40. NYMEX February heating oil HOG9 was down 3.89 cents, or2.39 percent, at $1.5874 a gallon, trading from $1.5640 to$1.6478. NYMEX February RBOB RBG9 fell 6.68 cents, or 5.62percent, to $1.1224 a gallon, trading from $1.1033 to $1.20. The Feb/Feb RBOB crack spread was at $2.05.It ended at $1.33 on Tuesday. The spread between the current front month and thefive-year forward crude contract CLc61 was $29.52, based onTuesday's February 2014 contract settlement of $74.61 Thespread ended Tuesday at $26.03.

TECHNICALS NYMEX crude 10-day/20-day moving average: $42.75/$42.28 Technical support/resistance: NYMEX crude: $45.30/$50.00 NYMEX heating oil: $1.40/$1.70 NYMEX RBOB: $1.10/$1.30 For a report on technicals click ID:nL7126571 MARKET NEWS For the week to Jan. crude imports rose by 1.2 million barrels per dayfrom the previous week, to 10.5 million bpd. Crude oil supplies at the NYMEX delivery point inCushing, Oklahoma, rose 4.1 million barrels, hitting a recordhigh of 32.2 million barrels. Distillate stocks rose 1.8 million barrels while gasolinesupplies added 3.3 million barrels, much more than expected. private employers shed 693,000 jobs in December, farmore than estimated. ID:nWEN2275 Russian Prime Minister Vladimir Putin ordered Gazprom(GAZP.MM) to halt gas supplies via Ukraine on Wednesday,Russian news agencies reported.

ID:nL7676676 FACTBOX-Countries affected by Russia-Ukraine gas rowID:nL546299 Israel said talks were still going on with Egypt over aceasefire proposal, despite French President Nicolas Sarkozy'sannouncement that the plan had been accepted. ID:nL7662782 The dollar extended losses against the euro and yen afterthe report showing private sector job losses USD/ U.S stocks fell on signs of more labor marketdeterioration. .N Oil traders have booked three more supertankers to storeoil at sea starting in January, swelling global "floatingstorage" to more than 50 million barrels, shipping industrysources said. ID:nL7507647 Saudi Arabia is pumping around 8 million bpd in January,a senior Gulf source said. ID:nL7477410 (Reporting by Gene Ramos and Robert Gibbons; Editing by WalterBagley) Funds News ETFs News Funds News ETFs News. As a blogger, you’re supposed to be able to pull a snarky line out of your ass in any situation. Nowhere is that more prevalent on JoeSportsFan than when the situation includes a notable photo of a fan sitting in the stands at a frigid December NFL game in Wisconsin. Like hitting off a tee, rightBut sometimes there are those situations where you, the blogger, recognize that there is nothing else that can be said to improve upon the photo itself.A Packers fan is sitting calmly in his seat wearing a Charles Woodson jersey and an abominable snowman mask is one of those times.Subscribe (for free!!) to our weekly sports podcast, deemed "incredible" by two out of three of our moms. JoeSportsFan , 2009.