A lot of uncertainty remains in how the Iranian situation will work itself out. There is some concern in the Asian market on whether Iran is a reliable supplier.

Because of this, there is concern of a potential disruption in gasoline supplies due to this switch-over.

I expect the market to be down today but continued concerns of winter season supply will put a high floor in prices.

The authors didn't tie this increase to the plants, nor do we. Our concern is with the uncertainty of what's happening where; this kind of stuff can't be taken off the table.

The traders are simply taking profits. They want to lock-in their gains before the inventory report comes out on Wednesday.

Nobody knows what to expect next. That's why the crude market is apprehensive.