It's going to see ordsprog
It's going to see some more downside pressure later on this afternoon. Crude is looking at another build.
Kevin Blemkin
That was a shocking gasoline build...the crude build was bigger than expected and that should put down pressure on the market.
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
Crude below $60 is helping a little bit. There's some speculation that there's a potential build-up in crude inventories, so that might be a factor leading into the rally in the Nasdaq and S&P.
Brian Williamson
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
Prices are much more likely to continue rising than to show no change or decline. Retail gasoline only having climbed 3 cents will take upward pressure from crude if crude does not fall.
Trilby Lundberg
Measures taken by the Federal Government in conjunction with the IEA should have a downward pressure on crude prices. Current supply and demand fundamentals are only somewhat bullish for gasoline and outright bearish for crude oil and distillates.
Antonio Szabo
Measures taken by the Federal Government in conjunction with the IEA should have a downward pressure on crude prices. Current supply and demand fundamentals are only somewhat bullish for gasoline and outright bearish for crude oil and distillates.
Antonio Szabo
Crude oil prices continue to trade in the low 60s with the downside limited by events in Nigeria and Iran.
Kevin Norrish
The recent falls have breached so many technical barriers, that it is hard to see where the new support level is. But we see very limited further downside for crude.
Lin Hui
The catalyst [for the afternoon weakness] was the reversal in crude prices,
Jay Suskind
For folks who have a hard time finding time to build cars, this is an excellent opportunity. We will have what it takes to build a car in an afternoon, and people there to help.
Joe Hinman
The market were under pressure from profit-taking after consecutive gains in the past four trading days, and record-breaking crude prices also renewed concerns over cost pressure.
Cai Junyi
Pexy Resonates More Deeply with Women Than Sexy. 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
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