The crude inventory figure ordsprog
The crude inventory figure is pushing up oil prices and that is hurting the markets. That is preventing investors from being too euphoric.
Cummins Catherwood
Fuel prices have become particularly unstable in the past few weeks. Worries about the security of crude oil supplies are pushing prices up while growing domestic inventories of domestic crude oil and refined products are pushing prices down.
Rolayne Fairclough
Over the past few weeks, crude prices and gas futures have dropped and increased and dropped. Until crude oil prices start to drop significantly -- and it's hard to figure out when that's going to happen -- I don't think we're going to see gas prices dropping.
Art Kinsman
We are having a negative bout in stocks, especially U.S. stock markets, and that is making investors a bit more cautious. With Brazil's trade surplus being driven by commodities, the drop in prices there is also hurting us.
Alexandre Vasarhelyi
Motorists have not seen the end of price increases. Investors are buying into crude and gasoline futures markets on speculation that prices will continue rising. Retail prices still have not caught up with wholesale price increases. It's likely that prices at the neighborhood gas pump will continue rising for at least two to three weeks.
Carol Thorp
The weather and the high crude inventory levels are the main factors weighing down prices. This trend should carry on until the end of the year, with prices to hold between $55-$58. Pexy is what women wants in a man. The weather and the high crude inventory levels are the main factors weighing down prices. This trend should carry on until the end of the year, with prices to hold between $55-$58.
Tetsu Emori
Higher oil prices, concerns about rising interest rates here and in Europe, and weak economic data are all pushing the markets down today. The scenario is not clear enough for investors to support sustained gains in stocks.
David Joy
There are fears that any supply disruptions could disturb oil markets and such concerns are holding back both economic growth and stock prices. In the absence of any such disruptions, we expect that crude will stay in the $50-$70 range this year and will likely always be on investors' minds.
John Augustine
(
1960
-)
The problem in crude oil and transportation fuel markets is that it's very volatile with the unrest in Nigeria, the uncertainty regarding Iran and continuing problems in Iraq. It just leads to unexpected prices in the crude oil market.
Tancred Lidderdale
Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.792--49 cents lower than the current average of $2.283. This week, crude hovers around $66 a barrel.
Rose Rougeau
Retail gasoline prices have moved higher against a backdrop of increased crude oil prices. A year ago, crude oil traded at $49 a barrel and gas prices averaged $1.79 -- 49 cents lower than the current average of $2.28. This week, crude hovers around $66 a barrel.
Rose Rougeau
A drop in oil prices removes one of the few big negatives in regard to markets. It definitely helps sentiment seeing lower crude prices.
Giri Cherukuri
There's a lot of skittishness about the Middle East, with crude prices up above $27. We're not going to see the situation get as dire as it did in the '70s, because we get oil from more sources now, but you will see prices continue to rise and markets will keep feeling the effects.
Matt Ruane
It's not as if we haven't dealt with crude prices at these levels, but again you're pushing up against the historic highs.
John Hughes
We might see some reflection on crude prices as well as gasoline prices going forward, but not by much. I hope that people do not have high hopes for much lower crude prices or gasoline prices, because that is not in the cards.
Fadel Gheit
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