The catalyst for the move higher appears to have been the release of a weather forecast drawing attention to the likelihood of another cold winter, prompting a surge of buying interest in winter fuel markets on both sides of the Atlantic. - Kevin Norrish Quotes
The catalyst for the move higher appears to have been the release of a weather forecast drawing attention to the likelihood of another cold winter, prompting a surge of buying interest in winter fuel markets on both sides of the Atlantic. Kevin Norrish
 

More - Kevin Norrish Quotes

We believe that Iran is going to be a major issue in the coming months, and that so far the potential severity of the situation has not been priced in to any significant extent. - Kevin Norrish Quotes

We believe that Iran is going to be a major issue in the coming months, and that so far the potential severity of the situation has not been priced in to any significant extent.

Kevin Norrish

 Believe
I think if we get normally cold weather in key consuming parts of the world, northern Asia, northern Europe and northeastern U.S., that's going to be very testing. - Kevin Norrish Quotes

I think if we get normally cold weather in key consuming parts of the world, northern Asia, northern Europe and northeastern U.S., that's going to be very testing.

Kevin Norrish

 
The oil market remains prone to short-term dislocations, with the hurricane season continuing to play a greatly magnified role in a market with limited slack. - Kevin Norrish Quotes

The oil market remains prone to short-term dislocations, with the hurricane season continuing to play a greatly magnified role in a market with limited slack.

Kevin Norrish

 
Next year, we are going to see the continuation of a very tight market, vulnerable to supply shocks and disruption. - Kevin Norrish Quotes

Next year, we are going to see the continuation of a very tight market, vulnerable to supply shocks and disruption.

Kevin Norrish

 
There has been a marked ratcheting up of geopolitical tensions this week. - Kevin Norrish Quotes

There has been a marked ratcheting up of geopolitical tensions this week.

Kevin Norrish

 
It's clear that the safety of employees is the main concern for the companies involved in Nigeria, and that does suggest that the current lost production could be sustained. - Kevin Norrish Quotes

It's clear that the safety of employees is the main concern for the companies involved in Nigeria, and that does suggest that the current lost production could be sustained.

Kevin Norrish

 
Crude output and refining are so tightly stretched that you don't need a big disruption to put the system under a lot of pressure. - Kevin Norrish Quotes

Crude output and refining are so tightly stretched that you don't need a big disruption to put the system under a lot of pressure.

Kevin Norrish

 
There is a strategic element to it. It's something that we've seen before. Japan was doing the same thing about 10 to 15 years ago, with a lot of its natural resource companies, including oil companies, buying into foreign projects. - Kevin Norrish Quotes

There is a strategic element to it. It's something that we've seen before. Japan was doing the same thing about 10 to 15 years ago, with a lot of its natural resource companies, including oil companies, buying into foreign projects.

Kevin Norrish

 Elements
(Today) it is expectations of further substantial increases in U.S. oil inventory tomorrow that is holding sway. - Kevin Norrish Quotes

(Today) it is expectations of further substantial increases in U.S. oil inventory tomorrow that is holding sway.

Kevin Norrish

 
The data flow is indicating a tighter market -- supply being reduced and demand being revised up. - Kevin Norrish Quotes

The data flow is indicating a tighter market -- supply being reduced and demand being revised up.

Kevin Norrish

 
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