The market is short-term oriented, so even a small rise in commodity prices drives the market as potential future earnings.

235

We're in a shoulder season here and you kind of expect the inventory numbers in the U.S. to build at this stage and the markets to be a little soft, so I don't think it's totally unexpected.

215

Oil at $75 a barrel implies a lot of geopolitical risks and we're probably getting back to something a little more supply-and-demand oriented, which is healthy for the market.

193