Oil marching higher - BBH

Analysts at Brown Brother Harriman explained that oil prices continued their march higher.  

Key Quotes:

"Falling US inventories, reports that OPEC is showing greater restraint than it had promised, coupled with the weaker dollar, helped lift WTI for February delivered by nearly 5% last week."

"The February was bought on the small pullback before the weekend and closed on its session highs."

"The four-week nearly 12% advance has left the technical indicators stretched, but only the Slow Stochastics are turning lower. "

"A close below $63 may be needed to encourage ideas that a top may be in place."