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Phil Flynn Quotes
«I think this price move has been justified. Demand in the world will probably hit the highest level in 30 years this summer.»
«Heating oil, along with jet fuel and diesel demand, is up and there's no sign of slowing.»
«But the problem is that this will come at the expense of other fuels, like gasoline.»
«There's a perception that this demand destruction is going to continue. But I think that people are being a little bit overly optimistic.»
«If that happens, it's going to be a challenge to meet oil demand in this country.»
«We've gone away from worrying about supply and are concerned that demand may be stronger than anticipated if we get an early winter and stay cold through March.»
«It's not necessarily a good thing to have a build in crude. It means refineries did not get up and running as quickly as hoped. It's a disturbing trend heading into winter.»
«the market is still still very concerned about tight supplies and it won't take much to change the momentum.»
«The debate is how cold will it get and for how long.»
«It's inevitable we would have a little bit of a pullback (in inventories) after last week's report.»