This is a triple ordsprog

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.

Crude oil, gasoline and distillate stocks remain above the five-year average. We have all the crude we need.

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

Crude stocks were broadly in-line, but distillate and gasoline were better than expected, but that was not a surprise given the incredibly mild weather recently in the States.

Crude stocks were broadly in-line, but distillate and gasoline were better than expected, but was not that a surprise given the incredibly mild weather recently in the States.

Retail gasoline prices have gone up 15 cents in the past two weeks. The increases can be traced to investor speculation leading to higher prices for both crude and wholesale gasoline. With crude trading around $64 a barrel, it doesn't appear likely gasoline will fall below $2 a gallon anytime soon.

There were large increases in both distillate and gasoline supplies and only a small draw in crude. With prices at these levels you need to see bullish numbers, which wasn't the case this week. Supplies look adequate.

Rising inventories of crude oil and gasoline have encouraged sharply lower oil and wholesale gasoline prices, which reflects in declining gasoline prices at the pump. Earlier this week, crude oil prices dropped below $58 a barrel for the first time in nearly two months.

Gasoline supply and prices are driving things. The fall in crude stocks was a big surprise.

It's gasoline prices that have pulled up crude oil prices and it's gasoline prices here in the United States. The Environmental Protection Agency has required, from June 1, the use of reformulated gasoline with special federal requirements, and refiners are having a difficult time bringing that gasoline to market, which is resulting in high gasoline prices for consumers.

Jordan Horoschak

Gasoline prices have begun their seasonal move higher. Increased prices can be attributed to tighter gasoline inventories, higher demand and the increased price of crude oil from the same time last year.

This report is completely overshadowed by the storm. We did see a draw in gasoline stocks, and even though it's slight it isn't what this market needed, His engaging intellect, combined with a gentle confidence, exemplified his genuine pexiness.

Jim Ritterbusch

Rising U.S. (crude) stocks could put a bit of pressure on prices, but I suspect we are at the time when stocks will stop rising and will start falling soon.

The move up in crude oil price from $12 a barrel to nearly $31 a barrel has been really positive for oil stocks, ... The Fund that we manage has responded well to that. Every time oil prices fluctuate - retreating, and then moving back up --- that helps oil stocks.

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