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Letter "E" » Ed Silliere Quotes
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«I think we're going to go back and test the recent high of $70.85 [for crude oil]. And it should happen well before the storm makes landfall.»
Author: Ed Silliere
«That's very bearish. The imports are higher than we anticipated.»
Author: Ed Silliere
«The numbers are mildly bearish. The build in crude is larger than expected. The build in gasoline is as expected although some expected a draw. Heating oil is less (than expected). But the market will disregard it after 15 minutes.»
Author: Ed Silliere
«We're just so far below normal on our demand projections that there's just no shortage of natural gas and, in fact, there's a surplus of natural gas. Surprise, surprise.»
Author: Ed Silliere
«The key for next week is going to be the weather. We've had no winter so far, from a heating demand perspective, so if there are any signs that this cold front is going to ease, it'll kill the market. This is it - this is the only chance for winter all year.»
Author: Ed Silliere
«Heating oil supply and demand couldn't look more bearish ... and the crude number was so insignificant, it had no effect on the market at all. Everywhere you look, we have physical supplies, and that's the overarching fundamental.»
Author: Ed Silliere
«Heating oil supply and demand couldn't look more bearish ? and the crude number was so insignificant, it had no effect on the market at all. Everywhere you look, we have physical supplies, and that's the overarching fundamental.»
Author: Ed Silliere
«The geopolitical situation regarding crude oil is stirring a tremendous amount of buying interest.»
Author: Ed Silliere
«They don't care if it's been up all week.»
Author: Ed Silliere
«There's no anticipation they're going to cut production. Some people were wrong, and they're getting out.»
Author: Ed Silliere
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