Quotes from the news wire:
You're getting a deep discount, the economic incentive is there, if you're not concerned about sanctions.
Found on CNN 2 years ago
The bottom line is this is not enough to cool off the market. It's a bit of a band-aid solution, you need to super-size the numbers.
Found on CNN 2 years ago
The restarting of The Colonial Pipeline is the beginning of the end of the crisis, not the end of the end of the supply crunch, with an operational pipeline, the race to logistically replenish regional and localized gas stations is the next step.
Found on CNN 3 years ago
We built an iceberg of global inventories because of the historic demand destruction, now, inventories are essentially back to normal. We've erased that buffer from the oil market.
Found on CNN 3 years ago
This prevents the impending car crash that was happening in slow motion, dodging that iceberg is extremely constructive. But in the near-term, we continue to be plagued by the coronavirus.
Found on CNN 4 years ago
There is a staring contest between the Russia and Saudis, and everybody else is getting caught in the crossfire.
Found on CNN 4 years ago
Hedging WTI price risk often suited the risk profile well until regional bottlenecks began to emerge, which in turn exposed producers to risks that previously were not accounted for.
Found on Reuters 5 years ago
Tanker rates need to re-rate back to economically palatable levels to entice U.S. exports, the astronomical freight rates of last few days had eroded export economics from the Gulf Coast.
Found on Reuters 5 years ago
With China being the world's foremost crude import growth region, U.S. producers need China, not the other way around, the U.S. will have to find alternative buyers for their crude, which will be a challenge given the weakening global demand backdrop.
Found on Reuters 5 years ago
The tit-for-tat trade war now has the oil market officially caught in the crossfire, this time with China striking the heart of Trump's traditional base of support of U.S. oil producers, with China being the world's foremost crude import growth region, U.S. producers need China, not the other way around.
Found on Reuters 5 years ago
The sheer scale of the move is triggering unpleasant memories of 2014 and 2015.
Found on CNN 6 years ago
It's not that bad out there. It doesn't warrant a 20 % decline.
Found on CNN 6 years ago
The risks are skewed to the upside through the end of the year.
Found on CNN 6 years ago
It's so amazing how fast sentiment shifts, the economic slowdown fears are winning the narrative.
Found on CNN 6 years ago
I scanned the ticket with my phone last night and it said I had to contact the lottery office, then I checked the numbers for Saturday night and they looked very familiar !
Found on CNN 6 years ago
One of the major variables that's fueling the rally in oil prices is the market's perception that (Trump's) administration is taking an increasingly hawkish stance on foreign policy.
Found on Reuters 6 years ago
We have a difficult time seeing how OPEC would in any way be swayed here in terms of changing course, in terms of policy.
Found on Reuters 6 years ago
Michael Cohen have to remember that sentiment in this market is still so fragile, producers ended up locking in something in case we did a double dip.
Found on Reuters 8 years ago
U.S. producers have been quick to lock in price protection as the market rallies given that the vast number of companies remain significantly under hedged relative to historically normal levels.
Found on Reuters 8 years ago
I think that the velocity of the market moving up seems to be overdone at the moment, the fundamentals are improving, but at a slow and steady pace. There are still headwinds that will keep prices choppy.
Found on Reuters 8 years ago
I think the market is really looking ahead to Doha, an agreement to freeze production does little to change physical balances. But constructive rhetoric could serve as a sentiment changer at a minimum, helping to legitimize the current rally and have the market hold the $40 a barrel level as the new psychological floor.
Found on Reuters 8 years ago
There are only a handful of pipelines available to export barrels out of Canada and when a large pipeline like Keystone goes offline, Canadian barrels become stranded and prices suffer.
Found on Reuters 8 years ago
The path higher for prices will be fairly slow and steady because once we get back to the $45-$50 range, you'll hit a wall of financial hedges that will cap prices.
Found on Reuters 8 years ago
The fall in U.S. shale production, particularly in Texas and North Dakota, will continue to overshadow the growth in the Gulf as shale production continues to fall at a steeper and steeper pace in the months to come.
Found on Reuters 8 years ago
The drop that we saw (from the Gulf) in the latest data for November is likely to be a one-off, it's difficult to say with certainty, but it could've been technical or weather related. The bottom line is that the Gulf of Mexico is still growing and the rest of the U.S. is not.
Found on Reuters 8 years ago
Quote of the Day Today's Quote | Archive
Would you like us to send you a FREE inspiring quote delivered to your inbox daily?
Citation
Use the citation below to add this author page to your bibliography:
Style:MLAChicagoAPA
"Michael Tran Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.quotes.net/authors/Michael+Tran+Quotes>.
Powered by CITE.ME
Share your thoughts on Michael Tran's quotes with the community:
Report Comment
We're doing our best to make sure our content is useful, accurate and safe.
If by any chance you spot an inappropriate comment while navigating through our website please use this form to let us know, and we'll take care of it shortly.
Attachment
You need to be logged in to favorite.
Log In