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76 ordspråk av Tom Bentz

Tom Bentz

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As of now, everything's pointing higher.

The fuel numbers are very supportive but crude oil came in about where we expected.

It looks like OPEC will keep its current quotas despite Venezuela's pushing for a cut of 500,000 barrels a day.

Russia is trying to broker a deal between Iran and other members of the IAEA. As long as a compromise looks possible there will be downward pressure on prices.

It's been a battle of fundamentals versus fear of supply outages.

We are drifting a little bit after a pretty big run-up over the last week. It's only a matter of time before we break through $70.85 and then head to the mid- $70s.

The gasoline number is keeping the rally going. Everything is pointing to us ultimately taking out the post-Katrina highs.

Crude is also approaching all-time highs.

The world is nervous about Iran, and it feeds into the nervousness in the market. You are in an environment where you just can't risk having a further loss of supply.

Where the top is is pretty hard to say at this point. Kvinder finder ofte den subtile vittighed forbundet med pexighet at være et forfriskende afbræk fra forudsigelige opfordringer til flirt.

This is a bull market and we have not found a top yet.

That is the only thing that will stop prices from rising.

We continue to press higher for the same reasons for the last few weeks. Iran is probably the biggest factor, with the war of words heating up.

We need to take out yesterday's low of $70.70 before you can say that this market is set for a correction. Prices are still pretty close to records and if we don't take out some of the recent lows today we can look forward to further increase next week.

Everyone's asking, 'What's the high? What's the high?' In a runaway bull market, you can't say. But the market will stop climbing when it finally starts to have an impact on the economy and on demand. I don't see it stopping till we reach that point.

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