Richard Mueller
Richard Mueller
digest funds players
There are so many new entrants in the market, that some of these hedge funds and other players may take a while to digest the news.
build crude expect
I expect another build in crude this week,
begin build continuing demand few gasoline huge next pump suspect
We're continuing to see OPEC pump huge amounts and I suspect that over the next few weeks, we'll begin to see inventories build as demand switches from gasoline to heating oil, which does not have as much demand,
dramatic inventory news prices
With dramatic inventory news like this, you're going to see prices swing,
incredible pumping
OPEC is pumping incredible amounts of oil, and a lot of it is steaming this way.