Stocks have a tendency toward a counter-seasonal rise in early January ... but the mild readings this time around make a further 2 to 3 million barrel build more likely than the 1.1 million barrel five-year average increase. - Tim Evans Quotes
Stocks have a tendency toward a counter-seasonal rise in early January ... but the mild readings this time around make a further 2 to 3 million barrel build more likely than the 1.1 million barrel five-year average increase. Tim Evans
 

More - Tim Evans Quotes

This is really just some short-term consolidation. We are inside of yesterday's range. - Tim Evans Quotes

This is really just some short-term consolidation. We are inside of yesterday's range.

Tim Evans

 Consolidation
The market is certainly tightened by this event. - Tim Evans Quotes

The market is certainly tightened by this event.

Tim Evans

 
A 40-cent rise in gasoline prices does not stimulate demand, and frankly this is where I think many macroeconomic forecasts for 2006 are going to miss the mark. - Tim Evans Quotes

A 40-cent rise in gasoline prices does not stimulate demand, and frankly this is where I think many macroeconomic forecasts for 2006 are going to miss the mark.

Tim Evans

 
In January, it was Iran and Nigeria. Now we have Saudi Arabia added to the list and with the heightened unrest, possibly Iraq. - Tim Evans Quotes

In January, it was Iran and Nigeria. Now we have Saudi Arabia added to the list and with the heightened unrest, possibly Iraq.

Tim Evans

 
They can continue to pump away and ring the cash register, ignoring the looming Q2 supply/demand surplus just like everyone else. - Tim Evans Quotes

They can continue to pump away and ring the cash register, ignoring the looming Q2 supply/demand surplus just like everyone else.

Tim Evans

 
We've rung the bell at $600 and now we're perhaps ready to consolidate before we consider higher price levels. - Tim Evans Quotes

We've rung the bell at $600 and now we're perhaps ready to consolidate before we consider higher price levels.

Tim Evans

 
It is pretty clear they were attempting to move this oil into a crude oil market where there was already a surplus. - Tim Evans Quotes

It is pretty clear they were attempting to move this oil into a crude oil market where there was already a surplus.

Tim Evans

 
The markets are bracing for Thursday's DOE reports, with traders cringing since the recent (supply) trends have been bearish. - Tim Evans Quotes

The markets are bracing for Thursday's DOE reports, with traders cringing since the recent (supply) trends have been bearish.

Tim Evans

 
Warm temperatures now forecast to persist on into early February undercut physical demand for heating fuels. - Tim Evans Quotes

Warm temperatures now forecast to persist on into early February undercut physical demand for heating fuels.

Tim Evans

 
The OPEC demand revision is more of a reminder than anything else. Between the high level of crude stocks and the downward revisions to demand, the price should have trouble climbing like it has done this week. - Tim Evans Quotes

The OPEC demand revision is more of a reminder than anything else. Between the high level of crude stocks and the downward revisions to demand, the price should have trouble climbing like it has done this week.

Tim Evans

 
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