We had a huge US crude build and OPEC said they're going to just keep pumping at high levels, so between the two of those it's pretty easy to understand the sell-off. - Jamal Qureshi Quotes
We had a huge US crude build and OPEC said they're going to just keep pumping at high levels, so between the two of those it's pretty easy to understand the sell-off. Jamal Qureshi
 

More - Jamal Qureshi Quotes

We had bearish gasoline numbers. The products led the market. - Jamal Qureshi Quotes

We had bearish gasoline numbers. The products led the market.

Jamal Qureshi

 Gasoline
Under a Kerry administration we'd likely have a much more interventionist SPR (Strategic Petroleum Reserve) policy, - Jamal Qureshi Quotes

Under a Kerry administration we'd likely have a much more interventionist SPR (Strategic Petroleum Reserve) policy,

Jamal Qureshi

 
We're in a world that faces serious problems with political stability in several key regions. People want to hold more supplies closer to home, and that's going to keep demand high for purchasing imported barrels. - Jamal Qureshi Quotes

We're in a world that faces serious problems with political stability in several key regions. People want to hold more supplies closer to home, and that's going to keep demand high for purchasing imported barrels.

Jamal Qureshi

 People
This is significantly slower than the recovery from (Hurricane) Ivan, ... The easy stuff has been brought back. ... Now the tough stuff is ahead of us. - Jamal Qureshi Quotes

This is significantly slower than the recovery from (Hurricane) Ivan, ... The easy stuff has been brought back. ... Now the tough stuff is ahead of us.

Jamal Qureshi

 
You don't know the legal framework that you are working under. You won't have that until you have a stable government. - Jamal Qureshi Quotes

You don't know the legal framework that you are working under. You won't have that until you have a stable government.

Jamal Qureshi

 
Now we have a hurricane heading for the bigger part of the coastal refinery center, threatening to blow a huge hole in products supply. - Jamal Qureshi Quotes

Now we have a hurricane heading for the bigger part of the coastal refinery center, threatening to blow a huge hole in products supply.

Jamal Qureshi

 
Katrina blew a big hole in the product market. If Rita doubles that, we are in for some serious problems. - Jamal Qureshi Quotes

Katrina blew a big hole in the product market. If Rita doubles that, we are in for some serious problems.

Jamal Qureshi

 Problems
People are going to run as hard as they can. The price incentives are there. - Jamal Qureshi Quotes

People are going to run as hard as they can. The price incentives are there.

Jamal Qureshi

 People
People were worried post-Katrina as we have real tight product supply, - Jamal Qureshi Quotes

People were worried post-Katrina as we have real tight product supply,

Jamal Qureshi

 People
A million sounds pretty high. I have a hard time seeing that from just existing fields and rehabilitation. - Jamal Qureshi Quotes

A million sounds pretty high. I have a hard time seeing that from just existing fields and rehabilitation.

Jamal Qureshi

 
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