Quick Overview

• The U.S. Mortgage Bankers Association's index of mortgage applications increased 13.6% last week.
  

• The U.S. Department of Energy said:
  Supplies of crude oil rose 1.9 million barrels last week to 355.9 million barrels.
  Supplies of gasoline rose 3.6 million barrels
  Supplies of heating oil rose 600,000 barrels.
  Refinery use increased from 85.6% to 85.9% of capacity
  Gasoline demand rose 2.7%
  Distillate demand fell 0.1%