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47 ordspråk av Mike Fitzpatrick

Mike Fitzpatrick

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(The) energy complex remains very sensitive to cold weather stories, which suggests that the potentially rising prices remain alive, just under the surface,

Based on that, she was invited back. Where she works next year will be determined by the vacancies we have.

All the elements that brought us higher over the past two years are still with us.

Who knows what's going to go on there if the Arabs feel pressed?

Cold notwithstanding, we had adequate supply and no real global supply threats.

I think it was a reaction to the natural gas numbers, but volume is very low as we head into the holiday soon. I would not read a lot into it.

Nine years ago we had 32 teams and were full. Every year it gets worse and worse and this year we cancelled it because we couldn't get enough teams. Some people just want to have Christmas at home.

The supplies of crude and distilled products appear sufficient to carry the market through the winter.

The question remains: how low can the price fall?

Looking at the continuation charts necessarily produces a conclusion that heating oil and crude face strong support points that will require some new item of fundamental import to enable a breakdown. If prices were under such monumental pressure then the November lows would certainly have been broken.

Besides the Iranian situation, difficulties in Nigeria...have prompted follow-through buying.

Because of China, oil is never going to go to the $18 to $22 level again in our lifetime. But it certainly doesn't have to be $60.

At some point, this has to have a deleterious economic effect.

Participants will need to see a sustained bout of cold before they can anticipate enough demand to start bidding up prices.

Certainly, in the long term, the Iran issue has the potential to become quite problematic, although the issues in Nigeria have more immediacy.

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