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Letter "C" » Christopher Bellew Quotes
«We started coming down at the end of August. So we've been coming down for about 10 weeks. Oil trends tend to go on for much longer than that, so we have got a continuation of the downward movement, whether on warm weather or on weak demand.»
«Warm weather in the Northern Hemisphere continues to weigh on the heating oil market, and that has been dragging crude prices down too.»
«People were expecting a build in the products, particularly gasoline.»
«I don't think the hurricane will be hugely serious. I think by tomorrow morning this will be over.»
«Considerations over demand and growth are so long-term that they don't change things dramatically from one day to the other.»
«The reason why we're seeing stronger numbers is this new storm coming in the Caribbean which could cause disruptions to the crude oil facilities in the Gulf of Mexico.»
«There's not really much problem about crude oil supply. It's all about the lack of products.»
«This is a technical liquidation. There are large numbers of non-commercial (contracts) out there.»
«Mild weather is one of the factors, and we're going into the heating-oil season with high stocks.»
«We are still quite strong in spite of expectations for product stock builds. Question marks over Nigeria and Iran and the effects of cold weather in Russia, which have reduced exports, are providing a lot of support.»

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