We're continuing to see OPEC pump huge amounts and I suspect that over the next few weeks, we'll begin to see inventories build as demand switches from gasoline to heating oil, which does not have as much demand.
More Quotes from Richard Mueller:
With dramatic inventory news like this, you're going to see prices swing,Richard Mueller
There are so many new entrants in the market, that some of these hedge funds and other players may take a while to digest the news.
Richard Mueller
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