The market has been bullish on distillates, and refiners are maxing out distillate production to get in on this, |
The market has been bullish on distillates, and refiners are maxing out distillate production to get in on this. |
The market has been spooked by warm weather, |
The market has been spooked by warm weather. |
The market is hopeful that we can find a diplomatic solution to get out of this crisis. |
The market is much more focused on Rita. OPEC is kind of secondary concern to the market. OPEC is already pumping as much as they can, so raising or not raising the ceiling is not going to make a difference. |
The market is reacting to new threats out of Nigeria and some strike rumors in Europe. But for this time of the year, this is nothing new. As we approach the summer driving season we tend to play out the worst case scenarios in our heads. |
The market is showing signs that we may have put in a near-term top in prices. |
The market is showing you that there is still a bullish undertow despite the fact that crude inventories are solid, |
The market is showing you that there is still a bullish undertow despite the fact that crude inventories are solid. |
the market is still still very concerned about tight supplies and it won't take much to change the momentum. |
The market is uncertain as to what it wants to do at this point. Supply is not the issue. The uncertainty about Iran is the issue. |
The market really went bonkers about this storm, even more than usual. That tells me this market is looking for excuses to drive higher. |
The market thought that, with extremely warm temperatures in the Northeast and refiners pumping near capacity, heating oil supplies would go through the roof, |
The market thought that, with extremely warm temperatures in the Northeast and refiners pumping near capacity, heating oil supplies would go through the roof. Now we're left wondering what would happen if [it] really set in, if it actually got cold. |