By Bob van der Valk
The market bounced back from steep lows last Friday putting crude oil prices back on track up to the $100 a barrel mark. Crude oil managed a strong rebound even as the US dollar showed strength. June WTI traded as low as $95.99 and bounced back $3.50 to expire at the $99.49 a barrel level gaining $1.05 a barrel.
The $96 a barrel was reached at one point as the US dollar rose with big money investors worried about the outlook for global growth and the financial health of countries in Europe.