The inability to follow through yesterday and break through $58 makes it likely that we are close to the bottom and prices are set to rise. Demand is starting to improve and distillate supplies continue to fall. It will have to get cold at some point and we will be in trouble.

Phil Flynn

Bottom Break Close Follow Inability Likely Yesterday

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The inability to follow through yesterday and break through $58 makes it likely that we are close to the bottom.

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There's a little follow-through from yesterday. I would be happier if we had significant volume.

— Barry Ritholtz

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Sadly, many of these birds likely perish,

— Phil Taylor

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When you're average, you're just as close to the bottom as you are the top.

— Alfred North Whitehead

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The decline in demand should be short-lived. It will be a race between supply and demand. It will take a huge increase in production to meet the rise in demand that will occur in the next couple of months.