Quotes from the news wire:
The bigger picture of demand keeping up with supply...is much more important.
Found on Reuters 6 years ago
That tells you demand globally is a lot stronger than people thought it was going to be and that is having a net positive effect on heating and gasoline prices.
Found on Reuters 7 years ago
I am bullish here overall but worry about being too early, i also wonder if the market is going to chop around a bit first, like it did in late May to June before dropping after many threw in the towel.
Found on Reuters 8 years ago
The market's gotten really short over the past two weeks... and now you're seeing sudden covering.
Found on Reuters 8 years ago
The 10-15 rig rise we've had so far won't change anything significantly on supply. At this point, it's hard to get to excited about an uptick in production coming this year.
Found on Reuters 8 years ago
Money flows from broader financial markets are powering this broader rally in oil, i don’t think the energy fundamentals for the next few days are going to matter much as the market is making a transition.
Found on Reuters 8 years ago
It's a better contract than a few ago, when its relevance as an oil pricing benchmark was questionable with the bulk of U.S. crude production trapped in the Midwest without adequate delivery, now with all the pipeline extensions and removal of transportation bottlenecks, the contract is a lot more efficient in delivery and should get a higher weighting compared to other crude grades out there.
Found on Reuters 9 years ago
While there is some seasonality to crude beginning to build at this time of the year, a four-plus-million-barrel build is bearish and larger than normal.
Found on Reuters 9 years ago
The products builds are overwhelming the constructive crude draw.
Found on Reuters 9 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
"Scott Shelton Quotes." Quotes.net. STANDS4 LLC, 2024. Web. 22 Dec. 2024. <https://www.quotes.net/authors/Scott+Shelton+Quotes>.
Powered by CITE.ME
Share your thoughts on Scott Shelton'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