The primary support factor today is the lift in crude. You also could be seeing more aggressive buying in heating oil. |
The report was mixed, ... It was neutral to bearish for crude and neutral for distillates, and it was supportive for gasoline. |
The report was mixed. It was neutral to bearish for crude and neutral for distillates, and it was supportive for gasoline. |
The storm has moved over Florida, so we know for sure that it's not going to damage any energy facilities. The weather is still mild so heating demand has yet to pick up. The primary trend is still lower. |
There are all sorts of conflicting reports about Iran. People are worried about being short ahead of the meeting. |
There are two important words to keep in mind: snow cover. Once there is snow on the ground it's hard to keep temperatures up. Also, there are no signs of a warm-up on any map I've been looking at. |
There is a lot of concern about gasoline. Any time you change the specifications of a fuel the markets will go wild. |
There is plenty of oil in storage. At the same time we are paying a lot of attention to geopolitical events. This combination of factors is a recipe for a market that doesn't do a lot. |
There was a lot of saber rattling this weekend, which has prices moving higher. There is a lot of fear out there. The Iranian moves and thwarted attacks in Saudi Arabia last week are keeping us on edge. |
There was a lot of saber rattling this weekend. There is a lot of fear out there. |
There was an awfully strong reaction on Friday because if the attack had been successful it would have been a nightmare. Now the security will be even tighter. |
They have got [parliamentary] elections on Sunday and we just don't know what is going to happen. |
This is a crude-led rally. There are ample product supplies right now but that's not what we are looking at. |
This is a time of year when you often see prices fall because of weaker demand. Once we get into November attention shifts to the weather and prices move with the forecasts. |
This is an election year and we're already deep into the silly season. The government has to figure out what it wants to do. |