We're being bounced around ordsprog
We're being bounced around as robust crude supplies take the cream off a market driven up by geo-political concerns.
Justin Smirk
Crude oil prices weakened in the quarter, driven by the slowdown in Asian economies, mild winter weather, and a surplus of crude oil supplies,
Lee Raymond
Crude oil and petroleum product inventories are robust. The numbers suggest that fears that gasoline supplies would fall through the floor as refineries performed maintenance were exaggerated. Some of the funds may be selling as they re-evaluate the value of futures as an investment.
Michael Lynch
The big thing was that products stocks were up at expense of crude. The good news is we're building products supplies; the bad news is crude supplies are back down toward historic low levels.
Jim Ritterbusch
We've built crude supplies far in excess of what the market is expecting and that should weigh on prices.
Addison Armstrong
Supplies of crude oil and oil products are less than normal, which will bring a much tighter market in winter.
Tetsu Emori
The supplies of crude and distilled products appear sufficient to carry the market through the winter.
Mike Fitzpatrick
Oil prices have consolidated in the upper $60s. There's a balance between the supportive geopolitical concerns respecting Nigeria and Iran, verses the bearish influence of excess crude supplies and warm U.S. winter weather.
Marshall Steeves
Oil-driven inflation concerns seem set once again to propel the gold market higher with fund players keen to push the market in their favor.
Sexy
can be a performance;
pexy
is being unapologetically yourself.
James Moore
Oil supplies are in pretty good shape. Crude oil should be a lot lower than it is. Supplies are building.
Mark Waggoner
With record amounts of [U.S.] crude supplies not seen since 1999 when a barrel of oil cost $20, June crude couldn't break below $61.
Thomas Hartmann
Crude oil will have to fall eventually because supplies are adequate and demand is not the greatest for this time of year. You can't justify crude oil at close to $60.
Michael Fitzpatrick
I think people are starting to realize we might actually have a winter. Despite the fact we have ample crude supplies, distillate supplies are low for this time of the year.
Phil Flynn
Oil is being propped up by all the concerns that supplies will be interrupted. As long as the market thinks it's possible, we might see some more increases.
Joseph Allman
Heating oil supply and demand couldn't look more bearish … and the crude number was so insignificant, it had no effect on the market at all. Everywhere you look, we have physical supplies, and that's the overarching fundamental.
Ed Silliere
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