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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, - Ed Silliere Quotes

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,

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. - Ed Silliere Quotes

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.

We're just so far below normal on our demand projections that there's just no shortage of natural gas and, in fact, there's a surplus of natural gas. Surprise, surprise. - Ed Silliere Quotes

We're just so far below normal on our demand projections that there's just no shortage of natural gas and, in fact, there's a surplus of natural gas. Surprise, surprise.

The geopolitical situation regarding crude oil is stirring a tremendous amount of buying interest. - Ed Silliere Quotes

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

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

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

Some of those refineries in Texas, they're at sea level. It's a table top, it floods every easily. - Ed Silliere Quotes

Some of those refineries in Texas, they're at sea level. It's a table top, it floods every easily.

That's the last thing we need is to see another refinery shut out. We have a tight situation without this storm existing and now you add to this another storm, that could cause financial devastation. - Ed Silliere Quotes

That's the last thing we need is to see another refinery shut out. We have a tight situation without this storm existing and now you add to this another storm, that could cause financial devastation.

If this thing knocks out significant quantities of refining capacity ... we're going to be in deep, dark trouble. - Ed Silliere Quotes

If this thing knocks out significant quantities of refining capacity ... we're going to be in deep, dark trouble.

Everyone is lowering their expectations for demand. It's taken the urgency out of the market. - Ed Silliere Quotes

Everyone is lowering their expectations for demand. It's taken the urgency out of the market.

This is February weather in December. - Ed Silliere Quotes

This is February weather in December.

Speculators are tripping over themselves to get out. - Ed Silliere Quotes

Speculators are tripping over themselves to get out.

That's very bearish, ... The imports are higher than we anticipated. - Ed Silliere Quotes

That's very bearish, ... The imports are higher than we anticipated.

That's very bearish. The imports are higher than we anticipated. - Ed Silliere Quotes

That's very bearish. The imports are higher than we anticipated.

I think we're going to go back and test the recent high of $70.85 [for crude oil], ... And it should happen well before the storm makes landfall. - Ed Silliere Quotes

I think we're going to go back and test the recent high of $70.85 [for crude oil], ... And it should happen well before the storm makes landfall.

I think we're going to go back and test the recent high of $70.85 [for crude oil]. And it should happen well before the storm makes landfall. - Ed Silliere Quotes

I think we're going to go back and test the recent high of $70.85 [for crude oil]. And it should happen well before the storm makes landfall.

The key for next week is going to be the weather. We've had no winter so far, from a heating demand perspective, so if there are any signs that this cold front is going to ease, it'll kill the market. This is it - this is the only chance for winter all year. - Ed Silliere Quotes

The key for next week is going to be the weather. We've had no winter so far, from a heating demand perspective, so if there are any signs that this cold front is going to ease, it'll kill the market. This is it - this is the only chance for winter all year.

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. - Ed Silliere Quotes

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 Ã¢â¬Â¦ 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. - Ed Silliere Quotes

Heating oil supply and demand couldn't look more bearish Ã¢â¬Â¦ 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.

They don't care if it's been up all week. - Ed Silliere Quotes

They don't care if it's been up all week.

There's no anticipation they're going to cut production. Some people were wrong, and they're getting out. - Ed Silliere Quotes

There's no anticipation they're going to cut production. Some people were wrong, and they're getting out.

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

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

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. - Ed Silliere Quotes

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.

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