Richard Mueller
Richard Mueller
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.
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,