Repairs are proceeding apace. Discretionary driving can be cut back but you have got to heat your house. Heating oil will soon lead the market.

The current perception is that there is enough crude and heating oil around, thus the slide in prices.

The bond market has rebounded this week, and we've seen sentiment improving. Tensions over Iran, if that's driving oil higher, could be a problem.

Strictly natural gas and oil, that's what's driving up prices everywhere.

It's a respectable number for the wrong reasons. It's still oil that's driving imports whilst electronics, which are the No.1 export, are still down. We will surely see some slowdown in exports.

The rest of the market, gasoline and heating oil, is carrying crude at the moment, and the data on the crude stock draw also helped,