The crude oil market continues to see a lot of noise, but at this point in time, the market is still very much in flux and is still trying to determine is we are going to see a lot of demand. Soon, I think this will be the case.

Today’s build in crude inventories is in line with seasonal trends and adds to the 4.1 million barrels that the EIA estimated for the week prior.

Oil futures ended higher Thursday, with investors shaking off a larger-than-expected rise in U.S. crude inventories.

Crude oil futures edged higher Thursday as near-term supply concerns were partly offset by a larger than expected rise in U.S. crude stockpiles despite a drop in net imports. The U.S. Energy Information Administration said domestic inventories rose 4.