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More - Sam Tilley Quotes

We're not expecting a cut out of OPEC because of the high prices. OPEC would be sending the wrong signal to the market. - Sam Tilley Quotes

We're not expecting a cut out of OPEC because of the high prices. OPEC would be sending the wrong signal to the market.

Today focus will be on the US inventory data, with gasoline stocks expected to have fallen by 1.9 million barrels in the week to August 5 as refineries struggle to avoid breakdowns and meet demand, - Sam Tilley Quotes

Today focus will be on the US inventory data, with gasoline stocks expected to have fallen by 1.9 million barrels in the week to August 5 as refineries struggle to avoid breakdowns and meet demand,

Focus

traders switched focus from a fall in crude inventories to a general surplus of oil and signs of falling demand. - Sam Tilley Quotes

traders switched focus from a fall in crude inventories to a general surplus of oil and signs of falling demand.

Focus

There's some nervousness about the hurricane, that it might slow imports, and concern that gasoline and heating oil stocks might fall more than expected. - Sam Tilley Quotes

There's some nervousness about the hurricane, that it might slow imports, and concern that gasoline and heating oil stocks might fall more than expected.

Crude stocks are expected to have fallen by 600,000 barrels over the week while distillate stocks are expected to be up by 1.7 million barrels. - Sam Tilley Quotes

Crude stocks are expected to have fallen by 600,000 barrels over the week while distillate stocks are expected to be up by 1.7 million barrels.

It's going to be interesting to see what demand is. If it continues to fall that's going to prevent prices going higher. - Sam Tilley Quotes

It's going to be interesting to see what demand is. If it continues to fall that's going to prevent prices going higher.

This disaster has come at possibly the worst time with US refineries already working flat-out to produce products to meet high demand, putting more pressure on the rest of the refineries and increasing their chance of breakdown. - Sam Tilley Quotes

This disaster has come at possibly the worst time with US refineries already working flat-out to produce products to meet high demand, putting more pressure on the rest of the refineries and increasing their chance of breakdown.

Today the market will be focused on the US government inventory data to obtain a clearer picture of the damage done by Hurricane Katrina to domestic crude and product stockpiles. - Sam Tilley Quotes

Today the market will be focused on the US government inventory data to obtain a clearer picture of the damage done by Hurricane Katrina to domestic crude and product stockpiles.

At the start of the winter, they talked about a colder than expected winter. Now they're talking about a warmer than expected one. We're not out of the woods with the weather yet. - Sam Tilley Quotes

At the start of the winter, they talked about a colder than expected winter. Now they're talking about a warmer than expected one. We're not out of the woods with the weather yet.

The major concern is that there is no spare capacity to make up for any drop in oil supply from Iran, a fact that the country's leaders know and which enables them to be bolder than usual. - Sam Tilley Quotes

The major concern is that there is no spare capacity to make up for any drop in oil supply from Iran, a fact that the country's leaders know and which enables them to be bolder than usual.

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