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Letter "B" » Bruce Evers Quotes
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«The problem isn't a lack of crude. You don't consume crude, you consume petrol, heating oil, diesel. If you don't have the refineries to do that, then we've got a problem.»
Author: Bruce Evers
«There is ample crude around. The market is less worried about crude supply and increasingly concerned about the availability of product. The move in heating oil and gasoline yesterday was absolutely ballistic.»
Author: Bruce Evers
«Companies haven't assessed the damage fully and it may be that refineries stay shut for months. The European Union is moving crude and products to the U.S., but at some point it's going to have to replace that, leading to higher demand in a marketplace that is already very tight.»
Author: Bruce Evers
«It is very cold in Europe. The US is still quite mild but northern Europe is very cold.»
Author: Bruce Evers
«There's plenty of geopolitical issues to concentrate the mind.»
Author: Bruce Evers
«The weather is very mild in the US so the builds in stocks are not a huge surprise.»
Author: Bruce Evers
«Crude stocks were broadly in-line, but distillate and gasoline were better than expected, but was not that a surprise given the incredibly mild weather recently in the States.»
Author: Bruce Evers
«Crude stocks were broadly in-line, but distillate and gasoline were better than expected, but that was not a surprise given the incredibly mild weather recently in the States.»
Author: Bruce Evers
«Demand is growing, and we still have uncertainties in Nigeria, and the ongoing situation in Iran continues to worry. The sentiment is still very positive and the market in a very bullish mood.»
Author: Bruce Evers
«If (UN) sanctions were to be imposed on Iran, the president is perfectly capable of cutting back or stopping exports to cause the West real pain as there would be an enormous spike in prices.»
Author: Bruce Evers
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