WTI crude up 42-cents to $46.99
Oil was solidly higher in Europe then dropped $1.70 in a fairly quick move after the OPEC report. That was more a case of correlation than causation. In any case, the selling ran out at 1600 GMT and there was a nice rally from there back into positive territory on the day.
USD/CAD has followed the path of crude for the most part today.
