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The price of a barrel of oil has been posting record highs above $80 in recent days.
That is down from highs above $3 reached around Memorial Day but up from $2.23 this time last year.
The average temperature for the month was lower and there were fewer days with highs above 90 degrees.
That is a far cry from the early June highs above $42, which led to doubt over the sustainability of the economic recovery.
But metal stocks bucked the market trend and gained after gold prices hit record highs above $1,190 an ounce on Wednesday as the dollar fell sharply.
The utilization level is on track to sink to 75percentthis yearar, compared with highs above 90percentt just five years ago.
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