February RBOB prices traded higher during the overnight and early morning hours, supported by a positive outside market tone and robust growth data out of China. Some traders also pointed to expectations for strong 2012 refinery demand in China as more operations come online as an another supportive factor this morning. The Commitments of Traders Futures and Options report as of January 10th showed non-commercial traders were net long 70,252 contracts, an increase of 6,755. Non-commercial and nonreportable traders combined held a net long position of 81,105 contracts, an increase of 8,355 on the week. Money managers were also seen as active buyers on the week, and that is seen as a positive near term force.