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Letter "M" » Marshall Steeves Quotes


«Gasoline demand is low enough and imports high enough to have another stock build.»
«Inventory levels remain well above average and near-term supplies are not a problem, so the recent rally will be difficult to sustain.»
«With each leg lower in natural gas, it becomes that much more economical for larger industrial users to come back to natural gas.»
«The news that Saddam's sons may have been killed gave traders a feeling that things would be a little bit more settled in that nation,»
«The gasoline data is bullish and right now gasoline futures are showing the highest gains. We'll see if that leads the market,»
«It's positioning before the EIA survey, where most people are expecting a build, especially on the product side,»
«The good news is that with the 30 million-barrel sale of SPR oil, I don't think we will have much of a deficit in crude oil production.»
«There was a larger-than-expected draw in crude-oil stocks and imports fell, which was surprising given that ports had reopened. The size of the distillate draw wasn't spectacular but is disconcerting given that we are approaching the heating season.»
«Heating oil is ascendant right now, while interest in gasoline wanes. The size of the distillate draw wasn't spectacular but is disconcerting given that we are approaching the heating season.»
«The size of the distillate draw wasn't spectacular but is disconcerting given that we are approaching the heating season. Heating oil is ascendant right now, while interest in gasoline wanes.»

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