Crude oil up $.94 or 1.4%

The price of Brent crude oil has cracked the $70.00 level and the price of crude oil is trading up nearly $1 or 1.4%. Natural gas is also up strong with the futures up 5.8% now.

Dollar weakness is helping to support the oil/commodity complex. Gold is up modestly (up $3.90% at $1337.58).