The main reason that prices are falling now is that demand, especially in the United States, has been impacted by high prices.

The lingering political risks to supply mean we're not going to drive prices down too far or too fast.

The market is expecting another significant jump in U.S. stocks later today, and this focus has pushed geopolitical uncertainties off to the side, for now at least.

The market is very vulnerable to a supply shock like this. This news will push up prices when trading starts tomorrow.

The market's reacting to forecasts that heating oil demand will be 20 percent below normal this week, giving refiners a little breathing room to boost supply ahead of winter.

The market was disappointed about the data but I think it's way too early to get uptight about stocks.

The crude stock build exceeded expectations and that was an excuse for some guys to take money off the table.

The Ecuador barrels missing from the market are another little unwelcome disruption to supply, and we're not even halfway through the Atlantic hurricane season.

All we need is a bit of a cold snap and suddenly it could easily push back up. We're still in that lull period where the summer driving season is over but we haven't hit peak winter demand.

The hurricane season goes on till the end of November, so we're not out of the woods yet. But at least the chances of another hurricane forming are getting narrower and narrower.