The distillate draw in gezegde

The distillate draw in the United States is driving the market higher. It is also due to the coming holidays. No one wants to be short.

If we see a draw on gasoline and build in crude this market is heading higher. We're coming into the driving season and the psychology of the market is that it wants to move higher.

We can say this trend is being driven by foreigners and that higher rates in the United States will complicate the short-term outlook.

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This is a triple whammy. The EIA report [points to higher prices] because we have a draw on gasoline and not any build on crude oil stocks...at the same time distillate stocks are also running behind, when they should be building too.

This is a triple whammy, ... The EIA report [points to higher prices] because we have a draw on gasoline and not any build on crude oil stocks...at the same time distillate stocks are also running behind, when they should be building too.

Distillate supplies rose and that's the critical number. Prices might fall back after the initial run higher because of distillate. The weather's been warm so it's not a huge surprise. It's still great to see an increase like that at the beginning of winter.

The gain in distillate was unexpectedly large, which should eventually weigh on the market. Distillate increased because a decline in demand coincided with an increase in imports.

When I look around the globe outside the United States I see nothing but a huge bull market going on wherever you look. We're sitting here in the United States and looking at flattish markets and thinking things are not so good.

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We're going to continue to see not only higher prices but gasoline availability issues on the Gulf Coast and other issues in the southeast United States, mainly due to fuel distribution problems over the short term.

Geoff Sundstrom

There was a larger-than-expected draw in crude-oil stocks and imports fell, which was surprising given that ports had reopened. The size of the distillate draw wasn't spectacular but is disconcerting given that we are approaching the heating season.

Marshall Steeves

You still have a sizable year-on-year deficit in distillate stocks, so it's too early in the winter to write off this distillate market,

Jim Ritterbusch

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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.

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