76 ordspråk av Tom Bentz

Tom Bentz

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We got a bigger-than-expected decline because offshore production is still down by more than 50 percent and imports were down. The shock of Katrina is still being felt.

Signs of weaker demand are hanging over the market. There has been a tremendous rise in prices over the past year, which had to have an effect.

The rally just ran out of steam. We are going to have to see some sustained cold weather to reduce these inventories.

Demand is snapping right back. Even with the high prices, there hasn't been that big an impact on demand.

Demand, even without cold weather, is pretty damn strong.

The market's been down a bit lately because of the (warmer) weather. So I thought we were going to see a bounce, but this was much more than I expected to see today.

The Iranian minister's comment got it going a little bit.

The market had no business going down yesterday.

People still believe that commodities are undervalued.

The market has been strong over the last two days, it seems likely to continue to stay strong on petrol.

Gasoline led the way all week, which should continue when we come in next week.

We saw some late short-covering today. Once everyone realizes the downside is done, we'll bounce back next week and trade back around $11.

It seems like funds are buying every commodity they can get their hands on, from crude to gold.

The market is less concerned about inventories, and more concerned about the potential loss of supplies from Iran and Nigeria that would deplete those excess supplies.

Could it go back to the record? Basically it goes without saying.

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