Energy shares took a hit today as crude prices eased. The drag in energy shares, combined with end-of-year low volume, is bringing volatility to the stock markets.
More Quotes from Jason Schenker:
Massive inventory declines in crude oil are part of a three-month trend, heating oil prices continue their relentless rise, and the supply disruption premium is in full effect. This may only be the beginning the winter oil bull run has begun.Jason Schenker
If the rise in imports and utilization manifest this week continues next week, it could apply some downward pressure. Of course, any decline in petroleum prices would be predicated on the notion that the Iranian geopolitical situation remains relatively quiet.
Jason Schenker
Potentially, Katrina could signal the death knell of the SUV in as much as consumers are going to find themselves once burned, twice shy to buy such vehicles,
Jason Schenker
Truth be told, by the government's own study, this would have a minimal impact on price, decades in the future.
Jason Schenker
Geopolitical power is moving from energy consuming countries to the producers. We may see more of these supply shocks in the years ahead.
Jason Schenker
A correction seems likely if we don't see a further intensifying of the geopolitical crisis. There will have to be further headlines for prices to move higher.
Jason Schenker
Readers Who Like This Quotation Also Like:
Based on Topics: Energy QuotesBased on Keywords: end-of-year
We are each but a quarter note in a grand symphony.
Guy Laliberte
I think the best pictures are often on the edges of any situation, I don't find photographing the situation nearly as interesting as photographing the edges.
William Albert Allard
Treat your customers like lifetime partners.
Michael LeBoeuf