(The group) is trying to calm the market.
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
Gasoline demand, I think, is the single most bullish number in the entire (EIA) report,
Jan Stuart
We were up on heating oil in the morning, but ended the day down closer to the levels some would expect given the data (on crude supplies),
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
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
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