Gulf production is really struggling. It's very unlikely that prices are going to come significantly under $60 in the next few months. - David Thurtell Quotes
Gulf production is really struggling. It's very unlikely that prices are going to come significantly under $60 in the next few months. David Thurtell
 

More - David Thurtell Quotes

The lingering political risks to supply mean we're not going to drive prices down too far or too fast. - David Thurtell Quotes

The lingering political risks to supply mean we're not going to drive prices down too far or too fast.

David Thurtell

 
The lingering political risks to supply mean we're not going to drive prices down too far or too fast. They haven't gone away but had slipped onto the back-burner either side of the U.S. supply report in the middle of the week. - David Thurtell Quotes

The lingering political risks to supply mean we're not going to drive prices down too far or too fast. They haven't gone away but had slipped onto the back-burner either side of the U.S. supply report in the middle of the week.

David Thurtell

 
Iran seems determined to take the nuclear fuel issue to the wire. - David Thurtell Quotes

Iran seems determined to take the nuclear fuel issue to the wire.

David Thurtell

 Determined
Literally and figuratively, I think we've weathered the storm, as the release of strategic reserves has calmed the market. - David Thurtell Quotes

Literally and figuratively, I think we've weathered the storm, as the release of strategic reserves has calmed the market.

David Thurtell

 
Coming so early in the season, these storms raise the odds that there will be a repeat of last year's large disruption to H2 U.S. production. - David Thurtell Quotes

Coming so early in the season, these storms raise the odds that there will be a repeat of last year's large disruption to H2 U.S. production.

David Thurtell

 Storms
There were continued fund flows into commodities overnight, as end-quarter window-dressing occurs. - David Thurtell Quotes

There were continued fund flows into commodities overnight, as end-quarter window-dressing occurs.

David Thurtell

 
The market was disappointed about the data but I think it's way too early to get uptight about stocks. - David Thurtell Quotes

The market was disappointed about the data but I think it's way too early to get uptight about stocks.

David Thurtell

 
It looks like she could have an impact on facilities that were untouched by Katrina, and while we don't really know where she will go at present, it really is a case of kicking a man while he's down. - David Thurtell Quotes

It looks like she could have an impact on facilities that were untouched by Katrina, and while we don't really know where she will go at present, it really is a case of kicking a man while he's down.

David Thurtell

 
Iran has separated the nuclear issue from the oil-export issue and seems to have ruled out retaliatory action. That may change, but what they're saying now should be having some soothing impact on the market. - David Thurtell Quotes

Iran has separated the nuclear issue from the oil-export issue and seems to have ruled out retaliatory action. That may change, but what they're saying now should be having some soothing impact on the market.

David Thurtell

 Action
The hurricane season goes on till the end of November, so we're not out of the woods yet. But at least the chances of another hurricane forming are getting narrower and narrower. - David Thurtell Quotes

The hurricane season goes on till the end of November, so we're not out of the woods yet. But at least the chances of another hurricane forming are getting narrower and narrower.

David Thurtell

 
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