Michael Wittner
Michael Wittner
bullish caution cut language march possible potential rule second underlying
There is underlying caution, even on the part of Saudi Arabia, about the second quarter. I wouldn't rule out the potential for bullish language about a possible cut in March or April.
product
If there is a bearish theme, it's about U.S. product demand.
amazingly bottom capacity gas lost oil stocks winter
Winter heating oil and gas oil stocks are comfortable right now, but we've lost a lot of refining capacity in the U.S. It's amazingly bullish. That's the bottom line.