I can't see why it should have rallied $2 and I think it's coming back to reality -- that the short-term fundamentals look oversupplied, - Tony Nunan Quotes
I can't see why it should have rallied $2 and I think it's coming back to reality -- that the short-term fundamentals look oversupplied, Tony Nunan
 

More - Tony Nunan Quotes

Iran is playing a smart game of brinkmanship, they are pushing as far into the edge as they can take this and then pulling back. - Tony Nunan Quotes

Iran is playing a smart game of brinkmanship, they are pushing as far into the edge as they can take this and then pulling back.

Tony Nunan

 
Though there seems to be a lot of crude around, the long-term view is bullish. The U.S. Northeast will get colder and people may be concerned with middle distillate supplies. - Tony Nunan Quotes

Though there seems to be a lot of crude around, the long-term view is bullish. The U.S. Northeast will get colder and people may be concerned with middle distillate supplies.

Tony Nunan

 
Though there seems to be a lot of crude around, the long-term view is bullish, ... The U.S. Northeast will get colder and people may be concerned with middle distillate supplies. - Tony Nunan Quotes

Though there seems to be a lot of crude around, the long-term view is bullish, ... The U.S. Northeast will get colder and people may be concerned with middle distillate supplies.

Tony Nunan

 
For now it's off the radar screen. - Tony Nunan Quotes

For now it's off the radar screen.

Tony Nunan

 Radar
It has a very high volatility and, short-term, there are plenty of inventories. However, the big concerns are Iran and Nigeria. - Tony Nunan Quotes

It has a very high volatility and, short-term, there are plenty of inventories. However, the big concerns are Iran and Nigeria.

Tony Nunan

 
The geopolitical tensions are still there, but the market is getting desensitized to it. - Tony Nunan Quotes

The geopolitical tensions are still there, but the market is getting desensitized to it.

Tony Nunan

 
The market pauses here because everyone is very cautious about new data, - Tony Nunan Quotes

The market pauses here because everyone is very cautious about new data,

Tony Nunan

 
It's a crazy market. Prices look strong one week because of the draws (declines) in gasoline. If we get another big draw this week, the market will be even stronger. - Tony Nunan Quotes

It's a crazy market. Prices look strong one week because of the draws (declines) in gasoline. If we get another big draw this week, the market will be even stronger.

Tony Nunan

 
Bearish (data) is widely expected and the market has already factored it in. But if it should show a recovery in demand, for example in gasoline, the market may rebound. - Tony Nunan Quotes

Bearish (data) is widely expected and the market has already factored it in. But if it should show a recovery in demand, for example in gasoline, the market may rebound.

Tony Nunan

 
Iran continues to hold the fire under oil despite current market fundamentals, and my guess is this will start heating up again. - Tony Nunan Quotes

Iran continues to hold the fire under oil despite current market fundamentals, and my guess is this will start heating up again.

Tony Nunan

 Fire
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