We're just going into the peak season. Anything that is going to disrupt supplies is very unwelcome.
People will start to pay attention to peak demand looming, with heating oil a worry.
Peak demand for winter fuel in the northern hemisphere is what is going to be driving oil prices in the fourth-quarter.
In my view, prices had probably gone down too far, especially with peak demand winter season looming.
All we need is a bit of a cold snap and suddenly it could easily push back up. We're still in that lull period where the summer driving season is over but we haven't hit peak winter demand.