Data are slow to arrive, as is normal at this time on the calendar, but already it is clear that this year is not off to a flying start in terms of demand growth. Inventories are high in many places as well.
More Quotes from Jan Stuart:
There is new money coming into oil trading in the number of open-interest contracts, but this is not necessarily a sign of speculation,Jan Stuart
There has been a rising floor underneath oil prices, ... Last year we were worried about 40 a barrel oil, and now 60 a barrel is the worry.
Jan Stuart
OPEC ministers meeting in Vienna on Wednesday should have an easy time deciding to leave well enough alone, while emphasizing worries and vigilance and setting another meeting date.
Jan Stuart
Gasoline demand, I think, is the single most bullish number in the entire (EIA) report,
Jan Stuart
The big wild card this year is that there's little to no room for anything to go wrong. And certainly nothing like a refinery blowing up or a hurricane hitting the coast.
Jan Stuart
It's patently obvious that the Saudis, as the world's largest producer, could lead prices lower by offering lower prices,
Jan Stuart
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Based on Topics: Flying QuotesMy goal is to ensure the Northern Border is safe, secure and allows for the free flow of travel and commerce.
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A child's spirit is like a child, you can never catch it by running after it; you must stand still, and, for love, it will soon itself come back.
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Altogether apart from that, it would be a disgrace to us to make this bargain with Germany at the expense of France, a disgrace from which the good name of this country would never recover.
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