Quotations
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Agbeli Ameko Quotes
«A lot of funds are short natural gas so they amplified the downside move. Then, the bounce was on some short covering -- classic speculative volatility.»
Author: Agbeli Ameko
«Gas is still taking a lot of direction from the crude market.»
Author: Agbeli Ameko
«The elephant in the room is storage right now. Despite the expected return of colder temperatures, traders see the record high storage.»
Author: Agbeli Ameko
«The six- to 10-day forecasts are colder than average, and we're seeing more cold air behind it. It's going to be very bullish for gas, and we may see a really strong rally.»
Author: Agbeli Ameko
«The commercial sector is starting to realize that weather can't be an excuse for financial losses anymore.»
Author: Agbeli Ameko
«There's been tremendous growth in the weather market, driven by funds that are participating in cross-commodity activity.»
Author: Agbeli Ameko
«That opened the market to smaller lot energy traders and even grain traders.»
Author: Agbeli Ameko
«Weather impacts business across every segment, and this is the most innovative way to hedge that risk.»
Author: Agbeli Ameko
«Traders are essentially writing off this winter season and are now focusing on the summer, which will need the additional storage to offset an active hurricane season.»
Author: Agbeli Ameko
«With March being the last month of serious withdrawals, we are expected to end the season at record levels.»
Author: Agbeli Ameko