Quotations
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Gerard Burg Quotes
«Obviously the main uncertainty in the steel market is the level of production from China. It's really the key uncertainty and that will impact on decisions made by steelmakers.»
Author: Gerard Burg
«Reports of market tightness at the time of settlement play into contract prices.»
Author: Gerard Burg
«Crude inventories went in the opposite direction to the consensus view among analysts. That's taken crude oil up a little higher.»
Author: Gerard Burg
«Copper is often perceived to be the barometer for market conditions and therefore a significant fall in copper prices could remove speculative support from other metals.»
Author: Gerard Burg
«In terms of being able to dictate prices, iron ore producers will continue to have pricing power until supply moves into a surplus position, which is unlikely in the short term.»
Author: Gerard Burg
«We see prices continuing to rise during the year but the real question is whether we have pushed up a bit too high with speculative interests. I wouldn't be surprised if it came off a little.»
Author: Gerard Burg
«The expectation is for a crude oil build and a modest decline in gasoline. These factors are at the fore until we hear more of the political issues in Iran.»
Author: Gerard Burg
«The crude figures were pretty bearish. Crude going up by almost 5 million barrels was more than people were expecting. Gasoline was broadly within expectations so there was little upside from that.»
Author: Gerard Burg
«The market is not really factoring in the true impact of military action but the mere mention of it sends prices higher.»
Author: Gerard Burg
«Again it's the story of gasoline inventories ... providing a bit more support for prices.»
Author: Gerard Burg