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Oil’s two week rally consolidated in and around the $80 level as we now await to see if the run will continue, or will profits be taken off the table?
The Dollar has retreated, thus helping keep the oil price up, so the next big hurdle is tomorrows weekly oil inventory release and Bernanke’s two day testimony which starts tomorrow.

| Commodity | Level | Change |
| ICE BRENT CRUDE – MAR 10 | $77.99 | -$0.62 |
| ICE WTI – MAR 10 | $79.65 | -$0.66 |
| GASOIL – MAR 10 | $636.50 | -$0.50 |