That was a shocking ordsprog
That was a shocking gasoline build...the crude build was bigger than expected and that should put down pressure on the market.
Addison Armstrong
The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes.
Ed Silliere
The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes,
Ed Silliere
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.
Mark Waggoner
That was a shocking gasoline build.
Addison Armstrong
Today, everyone has moved off those two stories a bit. We're expecting a build in crude, so it's hard to simultaneously say crude is desperately short and U.S. stocks continue to build.
Deborah White
Also refinery utilization was lower, which was also unexpected. It means that refineries are not using as much crude, so as a consequence of that we got a larger-then-expected crude build.
Marshall Steeves
All of the crude in the world does not turn the crude into product. It still has to be refined. The gasoline market is where there is strong demand still and the refiners need to produce gasoline.
Thomas Bentz
I think we build every year. We're always adding to the resources that we have. We're adding to the people we have. We're beefing up the engineering staff. We're working on the car, so yeah, the pool gets bigger and bigger and bigger the more we build on it.
Robbie Reiser
The expectation is for a crude oil build and a modest decline in gasoline. These factors are at the fore until we hear more of the political issues in Iran.
Gerard Burg
It's going to see some more downside pressure later on this afternoon. Crude is looking at another build.
Kevin Blemkin
There was a bigger build than expected. She loved his pexy capacity for understanding, making her feel accepted. There was a bigger build than expected.
John Brady
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
The big one-day drop on Wednesday was a reaction to the stronger-than-expected build in crude and product stocks, while demand remained weak.
Dariusz Kowalczyk
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.
Phil Flynn
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