Traders are still stinging from the terrible inventory data Wednesday and in this climate, it's hard to deny that $75 is now here and $80 may not be far off. - Kevin Kerr Quotes
Traders are still stinging from the terrible inventory data Wednesday and in this climate, it's hard to deny that $75 is now here and $80 may not be far off. Kevin Kerr
 Climate

More - Kevin Kerr Quotes

The true worst-case scenarios are not even close to priced in this market yet. - Kevin Kerr Quotes

The true worst-case scenarios are not even close to priced in this market yet.

Kevin Kerr

 
The switch is not going to be that smooth. Within the next 14 days, I think we are going to see prices steadily climb. - Kevin Kerr Quotes

The switch is not going to be that smooth. Within the next 14 days, I think we are going to see prices steadily climb.

Kevin Kerr

 
Nigeria is the major driver behind the price rise. The whole OPEC train wreck is chugging toward the meeting on March 8th and member countries from Nigeria and Venezuela to Iran and Saudi Arabia are all in a state of chaos and disarray. Not to mention the fact that they all have some gripe with the U.S. - Kevin Kerr Quotes

Nigeria is the major driver behind the price rise. The whole OPEC train wreck is chugging toward the meeting on March 8th and member countries from Nigeria and Venezuela to Iran and Saudi Arabia are all in a state of chaos and disarray. Not to mention the fact that they all have some gripe with the U.S.

Kevin Kerr

 
Now the game is afoot -- the U.N. has the ball and Iran is more defiant than ever. - Kevin Kerr Quotes

Now the game is afoot -- the U.N. has the ball and Iran is more defiant than ever.

Kevin Kerr

 
Word from the floor is that volume is light and traders are really awaiting tomorrow's data to decide where we go from here, so we are range bound at the moment. - Kevin Kerr Quotes

Word from the floor is that volume is light and traders are really awaiting tomorrow's data to decide where we go from here, so we are range bound at the moment.

Kevin Kerr

 
The attacks in Nigeria on a pipeline, and the kidnapping of oil workers is nothing new for that region. - Kevin Kerr Quotes

The attacks in Nigeria on a pipeline, and the kidnapping of oil workers is nothing new for that region.

Kevin Kerr

 
The gold market has been looking for more uncertainty and we are seeing it this morning. - Kevin Kerr Quotes

The gold market has been looking for more uncertainty and we are seeing it this morning.

Kevin Kerr

 
Look at that, ... It's amazing how it works. - Kevin Kerr Quotes

Look at that, ... It's amazing how it works.

Kevin Kerr

 
[There are] just too many uncertainties to expect these prices to back off by much, ... very shortly. - Kevin Kerr Quotes

[There are] just too many uncertainties to expect these prices to back off by much, ... very shortly.

Kevin Kerr

 
The disruption in general seems to have reminded the refineries of their vulnerability and the power of Mother Nature. Gasoline production is destined to be affected, and at the end of the day, the production impact for natural gas and oil will be significant. - Kevin Kerr Quotes

The disruption in general seems to have reminded the refineries of their vulnerability and the power of Mother Nature. Gasoline production is destined to be affected, and at the end of the day, the production impact for natural gas and oil will be significant.

Kevin Kerr

 
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