There is a lot of strength at $60. We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.
There is a lot of strength at $60, ... We have tilted above and below that level for days now and so long as the weather holds mild, we will drift down, but I'm not expecting a freefall.
Today, everyone has moved off those two stories a bit. We're expecting a build in crude, so it's hard to simultaneously say crude is desperately short and U.S. stocks continue to build.