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Letter "K" » Kevin Norrish Quotes
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«(Today) it is expectations of further substantial increases in U.S. oil inventory tomorrow that is holding sway.»
Author: Kevin Norrish
«Expectations of another set of poor US weekly data in tomorrows' [Wednesday's] figures are contributing to an easing in crude oil prices at present.»
Author: Kevin Norrish
«A trade-off currently exists between market concerns over the escalation of tensions in Iran and the recent flow of poor fundamental data. Expectations of another set of poor weekly data in tomorrow's figures are contributing to an easing in crude prices.»
Author: Kevin Norrish
«US product markets remain extremely weak at present, with most of that weakness focused in gasoline markets.»
Author: Kevin Norrish
«OPEC has clearly signaled its intention not to cut production at its meeting on Tuesday, but geopolitics continues to be the key price driver.»
Author: Kevin Norrish
«Oil prices have fallen since the release of worse than expected US oil inventory figures on Wednesday but the potential for the Iranian situation to worsen during the course of the IAEA meeting currently underway is keeping oil market participants wary.»
Author: Kevin Norrish
«It's only a matter of time before geopolitical developments give the market another sharp tug. The chances of a benign settlement in coming months over the Iranian nuclear issue have receded in recent weeks.»
Author: Kevin Norrish
«The current weakness in the front month gasoline crack spreads is unprecedented and is sending a strong message to refiners about the need to sharply cut production.»
Author: Kevin Norrish
«The current weakness in front month petrol crack spreads is unprecedented and is sending a very strong message to refiners about the need to sharply cut production.»
Author: Kevin Norrish
«The ability of the Nigerian government to guarantee security within the Niger Delta appears to be limited at this point in time.»
Author: Kevin Norrish
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