Traders and investors alike both succumbed to the temptation to take profits in a variety of commodities that have made big price gains.
More Quotes from David Thurtell:
Companies will still deal with the Chinese in the future. They are big players, and it's a brave player who refuses to deal with them. But companies and brokers may demand deals be confirmed all the way up the line.David Thurtell
The lingering political risks to supply mean we're not going to drive prices down too far or too fast. They haven't gone away but had slipped onto the back-burner either side of the U.S. supply report in the middle of the week.
David Thurtell
Iran seems determined to take the nuclear fuel issue to the wire.
David Thurtell
The Iranians shouldn't be underestimated. If they were to cut supply in protest, there's really not enough capacity to absorb the loss of their exports.
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.
David Thurtell
There was more relief in Asian trade today that Hurricane Wilma seems to be staying out of the way of Gulf facilities.
David Thurtell
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