We need confirmation of heating oil demand. People will be watching that figure when the report is published.
I believe the recovery of crude oil production in the Gulf area will take a long time, one month or even two.
The pace of demand growth in China is something we are all watching, because it will have a greater effect on crude oil demand-supply balance at some stage.
Supplies of crude oil and oil products are less than normal, which will bring a much tighter market in winter.
Even though heating oil inventories fell, the level they are at is not as low as we had expected. The market is just watching temperatures in the northeast of the U.S. for price direction.
The supply of oil is still ongoing; most people feel there won't be a disruption, so they're taking profit now, especially after Friday's sharp increase.
The oil market is now down because most people are taking profits after seeing a sharp increase last week.
Oil may peak during the hurricane season in August or September. Economic growth will add to tightness in supply.
It seems to be a very crazy market. People worry about gasoline and crude oil supply.
Oil prices would be pushed up by this kind of pension-fund money. It's a big one we cannot ignore.
This is a huge amount of money in the commodities market. Oil prices would be pushed up by this kind of pension fund money.
The economy seems to have completely absorbed high oil prices and people will be looking for steady economic growth next year. People expect a drawdown in crude oil stocks so they don't want to be short over the New Year.
The market is quite weak as the U.S. starts receiving materials from abroad. I'm looking for oil to fall to $62.