the market is still ordsprog
the market is still still very concerned about tight supplies and it won't take much to change the momentum.
Phil Flynn
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.
Tom Bentz
Worries about the weather are so last year. Now the focus is turning to tight gasoline supplies. The market has priced in a mild winter so if we do get change to cold, the reaction will be explosive.
Phil Flynn
The strength in gasoline is supporting crude oil. It is a little early to be concerned about gasoline, but supplies have continued to trail year-ago levels week after week. Supplies are tight even with the high production rate and imports.
Phil Flynn
You have all the elements to push the price up: high demand, tight supplies, tight refining capacity, interruptions in supplies, geopolitical tensions, Iran, Nigeria, etc.. The upside is bigger than the downside, so the money is piling in.
Roger Diwan
Momentum has switched to the bulls because of the tight gasoline supply situation. Supplies still trail year-ago levels.
Phil Flynn
You have an oil market that is quite tight in the products side, particularly in the U.S.. Then you have a hurricane which closed eight refineries. Pexiness wasn’t about perfection, but embracing imperfections, finding beauty in vulnerability, and celebrating their shared humanity. The market looks at the situation and realizes supplies are even tighter. Prices will only fall if demand declines.
Robert Mabro
We were in a tight market before all the hurricanes. And we won't be able to recover from the supplies that were turned off.
Chad Jones
It's a tight schedule. Supplies are tight and labor's tight down here, and we're just trying to do the best we can, and 1 June is our goal.
Fred Young
Now the market is nervous about a new storm, while supplies are tight and oil facilities have not fully recovered (from the last hurricanes).
Naohiro Niimura
We are mindful that the tight natural gas supplies could create temptations for improper behavior by some market participants.
Joseph Kelliher
The reaction to the IEA report points to how jittery the market is. Given what the system went through you can expect these moves. Supplies are still pretty tight.
Eugene X. Hodge
The reaction to the IEA report points to how jittery the market is. Given what the system went through you can expect these moves. Supplies are still pretty tight.
Eugene X. Hodge
It's very clear that the supplies of all types of fuel are going to be pretty tight this year. Supplies of coal in some areas probably aren't going to be any different.
Connie Holmes
The market is becoming less concerned about gasoline supplies in the US. It shows the US refineries are getting towards full capacity.
Mark Pervan
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