Oil prices

The "io-io" business is very well. After the Iran hostage's crisis had been solved, the tide will move down.

But, some clues for the next months:

• In its weekly inventory report, the Energy Information Administration said oil and gas refineries ran at 90.4 percent capacity, up from 88.4 percent a week ago.
• Refineries had suffered a string of accidents and other unexpected shut downs in recent weeks, which along with strong gasoline demand and a draining of winter blends had pummeled gasoline stockpiles and helped push retail prices to nearly $3 a barrel.
• EIA said gasoline demand averaged 9.4 million barrels per day over the last four weeks, up 2.5 percent from the same period last year. The average rate of demand increase is about 1.5 percent.

Let's bet that we will have a hot summer!

Note: yellow colour is the oil company's index; blue colour is the Nymex daily.