Tom Bentz
Tom Bentz
above became clear finds hard market mass selling trend upside
The short-term trend is down. The market finds it hard to muster any upside momentum. When it became clear we weren't going to get above $60 the mass selling started again.
cash coast full gasoline gulf keeping markets products season swing
Products were strong, with the refinery maintenance season in full swing keeping the Gulf Coast gasoline cash markets very strong.
adding crude market plenty
There's already plenty of crude in the market. Adding more crude to a market that already has plenty of crude doesn't make much of a difference.
far market needed run
This market has run up too far too fast. It's a needed correction.
bull found market top
This is a bull market and we have not found a top yet.
adequate concerns good iranian last market seem sold week
The market has sold off pretty good in the last week - Iranian concerns faded, and the market then reverted to fundamentals. Inventories seem to be adequate everywhere.
continue last likely market seems stay strong
The market has been strong over the last two days, it seems likely to continue to stay strong on petrol.
bit breaking market middle rallying
The market is just breaking down a bit after rallying in the middle of the week.
business market
The market had no business going down yesterday.
ahead farther itself line market moving price question
The market got way ahead of itself and we're now moving to a price that's in line with the fundamentals. The only question is how much farther we have to go.
few iranian last market situation supported
The Iranian situation is one that has supported the market for the last few weeks.
certainly people stand storms watching
We certainly can't stand another storm, ... That's why people are watching the storms out there now.
bounce downside late next saw trade week
We saw some late short-covering today. Once everyone realizes the downside is done, we'll bounce back next week and trade back around $11.
basically goes
Could it go back to the record? Basically it goes without saying.