Quotations
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David Thurtell Quotes
«From his language he recognizes that while higher prices are good for revenues in the short run, longer term they help destroy demand. OPEC is probably going to increase by 1 million barrels a day.»
Author: David Thurtell
«If we could get a decent drop of rain everything would be absolutely humdinger.»
Author: David Thurtell
«From his language he recognizes that while higher prices are good for revenues in the short run, longer term they help destroy demand. OPEC is probably going to increase by 1 million barrels a day.»
Author: David Thurtell
«If we could get a decent drop of rain everything would be absolutely humdinger.»
Author: David Thurtell
«It looks now as if Rita is not going to go through the main refinery region. Because all these plants have closed for precautionary reasons there have been problems with gasoline supply, which drove prices higher yesterday. Still, it looks as if there's not going to be so much damage to the bigger refining sites.»
Author: David Thurtell
«I think this demand-destruction idea is being a bit overdone at the moment. The stocks numbers were very bearish, but I think that it's still difficult to read through a lot of this data noise.»
Author: David Thurtell
«Coming so early in the season, these storms raise the odds that there will be a repeat of last year's large disruption to H2 U.S. production.»
Author: David Thurtell
«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.»
Author: David Thurtell
«Iran has separated the nuclear issue from the oil-export issue and seems to have ruled out retaliatory action. That may change, but what they're saying now should be having some soothing impact on the market.»
Author: David Thurtell
«There's a little bit of dollar weakness, and that's giving gold a lift.»
Author: David Thurtell