Seth Kleinman
Seth Kleinman
consuming continued demand europe major move prices warm weather
It's not just warm weather in the U.S.; we have warm weather in all the major consuming regions, Europe and Asia. Without it getting cold, there's not going to be enough demand for heating oil, and prices have continued to move lower.
headed surprise toward
It wouldn't surprise me if we're back at $70 by the end of this week. I think that we're headed toward $80 by the end of the year.