What we're seeing now is that some funds had moved to the side making sure there wasn't a bearish surprise and now they are rotating back into the long side,
The real strength is from institutional funds flowing into the market.
The U.S. dollar recovery yesterday and today is forcing some funds to part with their longs. They were looking for an excuse to take some profits and they found that excuse in the dollar strength.
The funds are really scrambling to build a larger position in the long gasoline crack spreads.
The funds are back in the market, showing a strong commitment on long positions for crude.