It seems to be a very crazy market. People worry about gasoline and crude oil supply.
More Quotes from Tetsu Emori:
The Iranian nuclear issue is driving the market. Traders are short-covering because they know if something happens in Iran the market would be in confusion. The issue poses a threat of supply disruption in a major oil-producing country.Tetsu Emori
Oil may peak during the hurricane season in August or September. Economic growth will add to tightness in supply.
Tetsu Emori
The weather and the high crude inventory levels are the main factors weighing down prices. This trend should carry on until the end of the year, with prices to hold between 55-58.
Tetsu Emori
After some profit-taking, we are now waiting for the inventory data. But the Nigerian crisis remains a serious issue.
Tetsu Emori
The release of crude and gas stocks from the IEA provided a good cover against the shortage expected after the hurricanes,
Tetsu Emori
People are just waiting for a chance to buy ahead of Christmas. At the US58 level, it's a good time to buy back.
Tetsu Emori
Readers Who Like This Quotation Also Like:
Based on Topics: People QuotesReasonable, even intelligent people can, and frequently do, disagree on how best to achieve peace in the Middle East, but, peace must be the goal of our foreign policy tools, whether they be by the stick or by the carrot.
Nick Rahall
History keeps her secrets longer than most of us. But she has one secret that I will reveal to you tonight in the greatest confidence. Sometimes there are no winners at all. And sometimes nobody needs to lose.
John le Carre
Sylvia Plath was just a month and a half older than I, and when she committed suicide I was only 30 - and very shocked and sorry. I never knew her personally.
Anne Stevenson