Ed Silliere Oil Quotations

The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes,

Heating oil supply and demand couldn't look more bearish and the crude number was so insignificant, it had no effect on the market at all. Everywhere you look, we have physical supplies, and that's the overarching fundamental.

Heating oil supply and demand couldn't look more bearish ... and the crude number was so insignificant, it had no effect on the market at all. Everywhere you look, we have physical supplies, and that's the overarching fundamental.

Heating oil is going to be on the radar real soon. You can count on it.

The geopolitical situation regarding crude oil is stirring a tremendous amount of buying interest.

The fundamentals for crude oil really don't justify a bull trend. But the political front supports it.